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Home » DC FinTech Week explores regulatory concerns and innovations in fintech
Regulatory Updates

DC FinTech Week explores regulatory concerns and innovations in fintech

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WASHINGTON (7News) — This week, hundreds of people gathered to DC FinTech Week in the Neighborhood. This is a free event that brought together some of the biggest players in fintech.

“We tried to get people from all over the world talking about everything from data to financial inclusion to housing. We just finished a conversation on stablecoins to really think about the range of risks, opportunities and work that needs to be done in order to address what involves the financial and technology landscape,” said Chris Brummer, founder of DC Fintech Week.

SEE ALSO | Protect your data: An expert shares these 3 tips for using AI technology safely

7News’ Lindsey Mastis covers technology and spoke with Brummer at the conference, including about cryptocurrencies. This is becoming more and more common, but many people are very concerned.

“That’s one of the reasons why we have this kind of conference where we can get regulators to look at them and highlight some of their concerns. And also hearing from some of the people on the front lines talking about the kinds of benefits and the kinds of innovations that regulators may not be as aware of,” Brummer said.

Brummer said it’s important for people to get information from trusted resources and he encourages them to start educating themselves. He recommends researching books and articles and watching lectures from universities or think tanks online.

For more information, click here.

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