How do you set out to improve the speed of payments? According to the Federal Reserve’s Strategies for Improving the U.S. Payment System, you start with a call for collaboration and follow quickly with a definition of faster. In pursuit of its desired outcome for ubiquitous, safe, faster electronic solutions for making a broad variety …
Faster Payments Task Force – Effectiveness Criteria Read More »
On February 29, DATA will convene a lunchtime briefing in Washington DC to explore the latest developments in the digital asset industry. These occasional briefings provide stakeholders and interested parties with an opportunity to review the landscape in a private setting, to ask questions and to engage directly with DATA on emerging issues. The Briefing is …
The DATA Consumer Best Practices Working Group, under the leadership of the CBP Chair Judith Rinearson, the DATA board and input from the DATA community, have formulated the first set of global guidelines on matters related to consumer best practice issues for companies operating in the digital asset industry. The draft guidelines offer a nuanced look at …
Global Consumer Best Practices Guidelines from DATA Read More »
In April 2015, the European Securities and Markets Authority (ESMA) issued a Call for evidence on questions surrounding the development of technologies enabling investment with virtual currencies or distributed ledger technologies. DATA’s comprehensive response covers a variety of use cases and scenarios for digital assets in the securities markets, and provides feedback citing real-world examples from members …
European Securities and Markets Authority – Virtual Currency Response Read More »
A reminder to DATA member companies and the digital currency community in general: recently announced BitLicense rules from the New York Department of Financial Services are scheduled to take affect August 8, 2015, following a 45 day waiting period announced on June 3, 2015. Download a copy of the regulation guidance here.
The DATA Compliance Working Group, under the leadership of the AML/KYC Chair Juan Llanos, the DATA board and input from the DATA community, have formulated the first set of global guidelines on matters related to anti-money laundering and know-your-customer issues for companies operating in the digital asset industry. The draft guidelines present a suggested global …
DATA is a partner for the upcoming Liquidity Summit with Bloomberg and Hub Culture, to be held April 17 in London. Hub Culture, the platform managing Ven, is teaming up with Bloomberg for the 3rd Liquidity ~ The Summit on New Finance, taking place in London on April 17, 2015. The day features leaders in …
DATA at the Liquidity Summit with Bloomberg and Hub Culture in London April 17 Read More »
DATA has submitted comments to the US Conference of State Bank Supervisors, detailing recommendations and viewpoints on pending rules for digital assets, including digital currency. The comments come after a detailed review of the CSBS proposed rule making, with conversation and interactions between DATA and the CSBS setting the stage for productive engagement. View the …
DATA Comments to Conference of State Bank Supervisors Read More »
Since DATA’s inception last year, the digital asset landscape has grown and changed significantly. With these developments have come a growing consensus around standards, best practices and engagement, led in large part by the 40+ member companies of DATA. To help us measure these developments, we’re asking all members to complete the first DATA Annual …
The Standards Workshops with DATA. Working with leading universities, researchers and industry representatives, the DATA Standards Workshops are a collaborative effort to determine leadership principles in the fields of digital assets. Following the first workshop in January 2015, hosted by Harvard’s Berkman Center for Internet and Society and the MIT Media Lab, work is underway for …
From the Secretariat: Today at Money 20/20 in Las Vegas, DATA announced a new partnership with Washington D.C. based Prime Policy, and the appointment of Chris Mitchell as our new Executive Director, effective November 1st with the start of our new membership year. As DATA welcomes Chris, we encourage you to reach out directly to …
The Digital Asset Transfer Authority (DATA) has partnered with bipartisan Washington, DC-based Prime Policy Group to assist in the day-to-day operations of the Authority and help oversee its educational, policy and industry outreach activities. Under the agreement, Prime Policy’s Chris Mitchell will serve as the Executive Director of DATA. “We are thrilled to have the …
Strengthening Global Reach with Prime Policy Partnership Read More »
The Digital Asset Transfer Authority (DATA) in collaboration with ID3, the MIT Media Lab and over 21 digital asset companies have jointly endorsed a new framework for digital identity, trust and open data. Read the full announcement here. ID3 is a founding member of DATA, and over the last year work among DATA Board Members …
DATA and ID3 with MIT Media Lab Partner on New Digital Identity Frameworks Read More »
The New York State Department of Financial Services has issued a proposed comprehensive regulatory framework for virtual currencies. The report covers licensing, application and fees, compliance, capital requirements, custodial issues, record keeping and examinations, disclosures, AML/KYC, cyber security, disaster recovery, advertising, consumer protection, complaints and more. The proposed rules include a 45 day period from …
New York State Department of Financial Services Proposed Rules: Highlights Read More »
CoinSummit London will be held at the East Wintergarden, Canary Wharf in London from 10-11 July. DATA will be at CoinSummit London, and we have arranged an informal meet up for attending members at 11.00am on Friday, 11 July at Obika, adjacent to the conference venue. This is a great opportunity to get updated on …
The DATA Annual Meeting provides members and community stakeholders the opportunity to work on strategic development in the digital asset industry. Keynote: Benjamin Lawsky, New York State Superintendent of Financial Services Keynote: David Andolfatto, Vice President, Federal Reserve Bank of St. Louis Adam Shapiro (Director, Promontory Financial Group, ex-Chief of Staff, UK FCA) Berin Szoka, …
The DATA Annual Meeting is coming to Washington DC, 9-11 April 2014. Tickets are now available for the two day meeting, as well as the DATA Annual Dinner, benefiting numerous charities on the evening of 10 April, 2014. Tickets for the conference will be available for purchase in traditional currencies and digital currencies. For the …
The Digital Asset Transfer Authority (DATA) is pleased to announce the 2014 Board of Directors. Constance Choi, General Counsel, Payward Inc. (Kraken), and first interim DATA board member said, “DATA is thrilled to have a strong collective leadership, particularly at this critical juncture in the organisation’s formation. DATA will focus on publishing best practices in …
Member voting has opened for the Digital Asset Transfer Board elections and runs from Thursday, February 20 at 12:00 PST through Tuesday, February 25 at 11:59 pm PST. Ten candidates are running for an open four board seats, in the first phase of staggered elections. This election will take place using instant runoff. DATA uses the …
The Announcement Statement of the Committee for the Establishment of the Digital Asset Transfer Authority July 30, 2013 At the forefront of emerging payments, virtual currency, and other financial technology innovations, our companies are pioneering new services with potential to reduce the friction and cost of payments substantially and make low cost payment services available to hundreds of …
