The Future of Digital Assets: Identifying the Regulatory Gaps in Digital Asset Market Structure
by House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion convened a hearing titled "The Future of Digital Assets: Identifying the Regulatory Gaps in Digital Asset Market Structure" on April 27, 2023, at the Rayburn House Office Building in Washington, D.C. This session aimed to explore the evolving landscape of digital assets and assess existing regulatory frameworks.
Key topics included the classification of digital assets as securities or commodities, the adequacy of current regulations in protecting investors, and the potential need for new legislative measures. Discussions also addressed the role of blockchain technology in financial ecosystems and the challenges posed by decentralized finance.
The hearing featured testimony from industry experts such as Marta Belcher, President & Chair of the Filecoin Foundation; Daniel Gorfine, Founder & CEO of Gattaca Horizons, LLC; Joshua Rivera, General Counsel at Blockchain Capital; Zachary Zweihorn, Partner at Davis Polk; and Hilary Allen, Professor of Law at American University Washington College of Law. Their insights provided a comprehensive overview of the digital asset market and its regulatory considerations.
This hearing was particularly relevant for policymakers, legal professionals, and stakeholders in the financial technology sector seeking to understand and navigate the complexities of digital asset regulation.
Speakers(5)
Daniel Gorfine
Founder & CEO at Gattaca Horizons, LLC
Daniel Gorfine is the Founder and CEO of Gattaca Horizons, LLC, an advisory firm focused on financial innovation, and serves as an Adjunct Professor of Law at Georgetown University Law Center.
Hilary Allen
Professor of Law at American University Washington College of Law
Hilary Allen is a Professor of Law at American University Washington College of Law, focusing on financial regulation and the intersection of law and technology.
Joshua Rivera
General Counsel at Blockchain Capital
Joshua Rivera is the General Counsel at Blockchain Capital, overseeing legal and regulatory matters for the venture capital firm specializing in blockchain technology.
Marta Belcher
President & Chair at Filecoin Foundation
Marta Belcher is the President and Chair of the Filecoin Foundation, leading initiatives to advance decentralized technologies and promote open-source software.
Zachary Zweihorn
Partner at Davis Polk & Wardwell LLP
Zachary Zweihorn is a Partner at Davis Polk & Wardwell LLP, specializing in financial regulatory matters and advising clients on compliance with securities laws.
Event Details
- Date
- April 27, 2023
- Location
- 🇺🇸 Washington, D.C., United States
- Rayburn House Office Building
- Audience
- Policymakers, legal professionals, financial technology stakeholders