Press Releases

Jul 12, 2016 • Press Releases

DTCC Backs Blockchain Advocacy Group Coin Center

Mark Wetjen Appointed Member of Advisory Board

(July 11, 2016 - Washington, DC) The Depository Trust & Clearing Corporation (“DTCC”), the premier post-trade market infrastructure for the global financial services industry, has become of a supporter of Coin Center, the leading non-profit voice advocating for sound government policy toward open blockchain and decentralized computing technologies.

Additionally, Mark Wetjen, DTCC’s Head of Global Public Policy and former CFTC Commissioner, has been appointed to Coin Center’s advisory board, which is comprised of noted academics, technologists, and investors including Marc Andreessen, General Partner of Silicon Valley venture capital firm Andreessen Horowitz, and Fred Wilson, Managing Partner at Union Square Ventures.

“Distributed ledger technology offers the financial industry a unique opportunity to advance targeted improvements to the infrastructures that underpin the global capital markets,” said Wetjen. “Distributed ledgers provide an opportunity to innovate. I am pleased to join Coin Center’s board of advisors and look forward to working toward a regulatory climate that is welcoming to these exciting technologies.”

Coin Center has established itself as the go-to resource for lawmakers and regulators seeking to learn more about Bitcoin, Ethereum, and other open blockchain technologies. With DTCC’s participation, the non-profit will continue to develop and advocate for sound policy solutions that protect the freedom to innovate using these technologies.

“We believe open blockchain networks hold the same potential that the open Internet did back in its early days,” said Jerry Brito, Coin Center’s executive director. “With its support of Coin Center, DTCC demonstrates its commitment to fostering innovation that pushes technology forward.”

For more information, please visit: http://coincenter.org/.

Contacts

Kristi Morrow

Email

kmorrow@dtcc.com

Phone

+ 1 617 880 6770

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