Share this article

DTCC Organizes Blockchain Event on Capitol Hill

The DTCC has revealed it hosted a group of regulators and financial industry execs in Washington, DC, last month for a conversation on blockchain

Updated Sep 11, 2021, 12:22 p.m. Published Jul 13, 2016, 5:40 p.m.
capitol hill, washington

The Depository Trust & Clearing Corporation (DTCC) hosted a group of regulators and members of the financial industry in Washington, DC, for a discussion on blockchain tech last month.

The event, held on Capitol Hill, was designed by the DTCC to give regulators and other financial industry stakeholders a chance to ask questions directly to blockchain experts.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

In a blog posted yesterday, DTCC managing director Mark Wetjen said of the event:

"It is important that we engage policy makers and regulators from the beginning of this process. New technologies are creating tremendous opportunities to connect economies around the world, make markets safer and more efficient and deliver services to consumers in novel ways."

Following a talk from DTCC president and CEO Mike Bodson on how markets could leverage distributed ledgers, members of the audience were invited to address representatives of the blockchain industry.

Panelists included Digital Asset Holdings chief business development officer Chris Church; SEC trading and markets division deputy director Gary Goldsholle; DTCC office of FinTech strategy executive director Jennifer Peve; and Axoni CEO Greg Schvey.

The meeting follows similar events organized by the DTCC in the wake of its announcement earlier this year that it would begin exploring how blockchain could impact and improve its operations.

Capitol Hill image via Shutterstock

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Strive’s preferred equity blueprint for Strategy’s $8 billion convertible debt overhang

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long dated leverage.

What to know:

  • Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
  • The structure offers a blueprint for replacing fixed maturity convertibles with perpetual equity capital that removes refinancing risk.
  • Strategy has a $3 billion convertible tranche due in June 2028 with a $672.40 conversion price, which could be addressed using a similar preferred equity approach.