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CFTC’s Fintech Research Unit to hold office hours for innovators

The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week. The CFTC’s fintech research unit, LabCFTC in April will host office hours during New York Fintech Week to engage with innovators in the field, according to a recently published announcement.

Lab CFTC

LabCFTC’s objective is to promote market-enhancing fintech innovation and competition, as well as provide the CFTC with a better understanding of emerging technologies. The office hours will enable interested parties to participate in dedicated discussions and give a presentation to regulators. 

The CFTC established LabCFTC in 2017, with the department reporting directly to the authority’s chairman Heath Tarbert. Tarbert then said:

“Blockchain, digital assets, and other developments hold great promise for our economy. Now is the time for LabCFTC to play an even greater role as we work to develop and write the rules for these transformative new products. That reality requires engagement at the highest levels within the CFTC, which is why I am elevating LabCFTC to be an independent operating office of the agency and a direct report to me.”

As the fintech sector continues to mature, major industry players are keen to contribute to its development. Thus, last August, Bitcoin SV (BSV) blockchain developer and blockchain organization service Open Directory creator synfonaut launched an office hours consulting service.

The service connects developers in need of assistance with experienced Bitcoin SV developers for help on Bitcoin SV projects.

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