The Ontario Securities Commission (OSC) is on the hunt for representatives from the digital currency and blockchain industry for a new advisory panel on fintech.
Announced yesterday, the panel will coordinate with and provide advice to the OSC’s LaunchPad, a fintech-focused initiative that serves as a communication point between startups and regulators. Applications for the panel are due by 30th November, the OSC said.
The OSC elaborated in a statement:
“OSC LaunchPad strives to keep regulation in step with digital innovation. The [Fintech Advisory Committee] will meet quarterly, with additional ad hoc meetings as required. The FAC will be chaired by Pat Chaukos, chief of OSC LaunchPad, and will consist of up to 10 members.”
The advisory panel represents the latest effort to bridge the gap between regulators and startups working with disruptive technologies. In August, the Monetary Authority of Singapore, the city-state’s central bank, beefed up a technology panel to include representatives from the blockchain space.
The OSC is also co-hosting a forum on fintech and blockchain in Toronto today, which includes a keynote discussion between OSC chair and CEO Maureen Jensen and blockchain startup Digital Asset Holdings CEO Blythe Masters.
Other speakers include R3 CEO David Rutter, ConsenSys founder Joseph Lubin and US Securities and Exchange Commission chair Mary Jo White.
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