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Crypto CROs, stablecoins on the agenda for this month’s CFTC Technology Advisory Committee meeting

Mike McSweeney

An advisory body on technology issues created by the U.S. Commodity Futures Trading Commission will see presentations on self-regulatory organizations (CROs) for the crypto industry as well as stablecoins.

According to a Feb. 6 notice, the CFTC's Technology Advisory Committee (TAC) will "hear presentations on stablecoins, audit trails, compliance solutions, and cryptocurrency self-regulatory organizations, insurance, and custody." It's not clear from the notice, the TAC's Virtual Currency Subcommittee is likely to be giving presentations on these topics.

The meeting will start at 10 a.m. and is open to the public. It will be broadcast live on the CFTC's website, as has been the case for past TAC meetings.

Brian Quintenz, a commissioner for the CFTC, is the TAC's sponsor. He has been an outspoken speaker on issues related to blockchain and cryptocurrency.

In March 2018, Quintenz called for such an industry-led movement during an appearance at an event in Washington, D.C, as reported by CoinDesk at the time.

“I believe that a private cryptocurrency oversight body could bridge the gap between the status quo and future government regulatory action,” he said at the time.