GBBC CEO Sandra Ro will be judging the submissions to the New York State Department of Financial Services Tech Sprint.
In partnership with the Conference of State Bank Supervisors and the Alliance for Innovative Regulation, The New York State Department of Financial Services (DFS) will sponsor a techsprint to design a Digital Regulatory Reporting mechanism for virtual currency companies. The objective of the effort is to identify emerging risks related to cryptocurrency and to move toward a next generation approach that utilizes technology to more effectively supervise regulated entities.
The techsprint will convene virtual currency professionals, regulators and technologists working on regulatory compliance solutions and will take place March 1 – March 12, 2021.