Massachusetts Starts Fintech Working Group

Massachusetts’ Secretary of the Commonwealth William Galvin has been proponent of aggressively enforcing securities laws to digital asset firms; explaining in 2017 that bitcoin was “unregulated and ambiguous in nature … providing a fertile ground for investment scams and other financial fraud.”; now his office along with Eastern Bank in Boston, blockchain startup Arwen, legal experts, academics and others have started a fintech working group; the aim of the group is to give people a better understanding of securities laws and initially they will focus on digital assets. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.