FinHub, a fintech arm of the U.S. Securities and Exchange Commission (SEC) will now host digital meetings for industry players amid COVID-19 lockdowns.
“To facilitate ongoing communications, FinHub will host a series of thematically-based virtual P2P meet-ups over the next few months,” the commission said in a June 11 statement, adding:
“During each series, FinHub staff will meet virtually with innovators, entrepreneurs, or firms that wish to discuss issues related to that series’ theme.”
FinHub began as a way of guiding innovation
FinHub started up in late 2018 as a bridge between burgeoning technologies and the guidelines that govern them. The office set out to add clarity and contact among public entities and the government agency, as such new financial technologies sometimes sit in legal gray areas.
Giving a platform for folks and groups to voice questions, comments or concerns, FinHub worked largely via on-site gatherings last year in a number of regions, the statement said. COVID-19 concerns and resultant lockdowns, however, have spurred a different form of contact going forward.
Digital meetings offer a platform from here
The FinHub meetings will cover a range of topics in coming months. “The first theme is regulatory technology (RegTech),” the statement said, adding:
“Financial services firms are increasingly turning to technological innovation to strengthen and add efficiencies to their regulatory compliance programs.”
Cointelegraph reached out to FinHub for additional details, but received no response as of press time. This article will be updated accordingly should a response come in.