Canada’s largest securities regulator is looking for specialists in cryptocurrencies and crowdfunding to join its fintech advisory board.
The Ontario Securities Commission (OSC) says members of its year-old advisory committee will be helping to guide the regulator through the “unique challenges” currently facing the securities industry as it tries to grapple with the rapidly evolving fintech field.
Initiated last year to advise OSC staff on new trends in the world of technology-based developments in the financial services sector, the Fintech Advisory Committee is now coming into its second year and is searching for a new group of experts. Along with cryptocurrencies and digital platforms, the FAC is looking for people experienced in data science and artificial intelligence, venture capital, securities and regulatory compliance.
With Bitcoin, Ethereum and the other cryptocurrencies continuing to shoot up in value and with new initial coin offerings (ICOs) hosted now on a weekly if not daily basis, investors are rightly concerned about where the preoccupation with all things blockchain might be headed.