Blockchain Companies Play an Important Role in OSC’s Fintech Advisory Committee

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Blockchain technology is gradually becoming synonymous with financial technology. As the demand for distributed ledger related applications in banking and financial industry increases, the financial regulatory bodies are preparing themselves to accommodate such transition. The Ontario Securities Commission, in its effort to facilitate the use of new fintech solutions, has announced the formation of a Fintech Advisory Committee.

The regulatory body has announced the list of selected Fintech Advisory Committee members in its recent press release. It also included a statement from the Chief of OSC Launchpad, Pat Chaukos.

She was quoted saying,

“We had an overwhelming interest in the FAC. These individuals have direct business experience with fintech innovation and in-depth knowledge of the issues faced by firms navigating securities law requirements. Their insight will help us as we apply key learnings from OSC LaunchPad more broadly to modernize regulation.”

The Fintech Advisory Committee has 16 members, all serving one-year terms. They will be meeting once every three months to discuss the progress, existing challenges and future outlook of fintech in mainstream economy and finance.

The list of Fintech Advisory Committee members includes – Adam Felesky from Portag3 Ventures; Christine Day from Questrade; Christian Lassonde from Impression Ventures; Christopher Church

Read more ... source: NewsBTC USA

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