US Regulators Risk Falling Behind in Fintech
Blockchain consortium exec says agencies should be doing more with fintech firms.
Charley Cooper, a managing director at distributed-ledger technology (DLT) consortium R3, said that while the Commodity Futures Trading Commission (CFTC) was “leading the way” in its interactions with the fintech sector, other federal regulators had shown little willingness to proactively engage.
This was a sharp contrast, he said, to nations such as the UK, where markets regulators such as the Financial Conduct Authority (FCA) were “in the lab” with them. He was speaking during a meeting of
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