The US Securities and Exchange Commission (SEC) goes on tour to meet people from the cryptocurrency industry, reports the Strategic Hub for Innovation and Financial Technology (FinHub), the SEC department that seeks interaction with people from financial technology ( FinTech) industry, on its website.
The SEC plans to organize “local peer-to-peer” encounters throughout the United States to give the cryptocurrency community a chance to speak to SEC’s FinHub staff, ask questions, and show their work.
Valerie Szczepanik, Senior Advisor Digital Assets at the SEC, also known as the “Crypto Czar”, says that the SEC would like to answer questions, but that it cannot provide legal advice.
Szczepanik also hopes that direct contact can also help new local companies in the cryptocurrency industry:
We really want to make contact with people who want to innovate in this area and they need to know that it is usually a positive experience. I hope to give this shape at the local level as I know that not everyone can travel to D.C. or New York.
The first meeting will take place in San Francisco on March 26, followed by Denver.
SEC Commissioner Hester Peirce, also known as the “Crypto Mom,” spoke on March 8 at the MIT Bitcoin Expo in Boston. She pointed out that a certain reluctance to set up regulations on cryptocurrency is desirable so that the market can also regulate itself.