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DTCC backs Coin Center, Mark Wetjen joins our advisory board

The Depository Trust & Clearing Corporation, the premier post-trade market infrastructure for the global financial services industry, has become of a supporter of Coin Center.

Today I’m happy to announce that the Depository Trust & Clearing Corporation, the market leader in financial clearing and settlement services, has become of a supporter of Coin Center, and that former CFTC Commissioner and DTCC head of global public policy Mark Wetjen has joined our advisory board.

Mark has been a longtime champion of smart approaches to blockchain and digital currency regulation. At the CFTC, he held the Commission’s first ever public meeting about the technology, at which I and Coin Center Fellow Houman Shadab testified. Shortly thereafter, Mark published an important op-ed in the Wall Street Journal, calling for regulators to “work quickly to understand how these technologies work and how they affect specific regulatory jurisdictions, with the ultimate goal of creating a regulatory framework should the public begin adopting or using these technologies in greater numbers.” Years on, it’s great to now be working with him to make that vision a reality.

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, we will continue to develop and advocate for sound policy solutions that protect the freedom to innovate using these technologies.