Leading digital asset trade association
selects esteemed scholars and legal professionals to recommend a
set of disclosure guidelines for certain digital asset tokens to
advance the maturity and adoption of the blockchain
industry.
CHICAGO, June 25,
2024 /PRNewswire/ -- The Global Digital Asset and
Cryptocurrency Association (Global DCA), a leading
trade association for the digital asset and
cryptocurrency industry, in collaboration with Global
Blockchain Business Council, The Digital Chamber, and The Proof of
Stake Alliance, has organized a Steering Committee to propose
disclosure guidelines for digital asset tokens offered in
the United States.
The Global DCA Steering Committee announces that the following
distinguished scholars and senior legal professionals have agreed
to volunteer in the public interest as members of the Steering
Committee:
- Chris Brummer, Professor
of Law, Georgetown University, and
Faculty Director of Georgetown's
Institute of International Economic Law
- Lewis R. Cohen, Partner,
Cahill Gordon & Reindel LLP
- Patrick Daugherty,
Partner and Head of Digital Assets Practice, Foley & Lardner
LLP, Adjunct Professor of Law at Cornell and Northwestern
- Daniel Davis, Partner and
Co-Chair, Financial Markets Regulation, Katten, Muchin Rosenman
LLP, former General Counsel, U.S. Commodity Futures Trading
Commission
- Zachary O. Fallon,
Partner, Ketsal PLLC
- Merrit B. Fox, Professor
of Law & Director of the Program in Law and Economics of
Capital Markets, Columbia Law School
- Carol Goforth,
Distinguished Professor of Law, University of
Arkansas School of Law
- Yuliya Guseva, Professor
of Law, Rutgers Law School
- Joel Hasbrouck, Kenneth
G. Langone Professor of Business Administration and Professor of
Finance, NYU Stern School of Business
- Lilya Tessler, Partner
& Head of FinTech and Blockchain Group, Sidley Austin LLP
- Yesha Yadav, Professor of
Law, Vanderbilt University Law
School
The Steering Committee is composed of top law and finance
scholars across the United States,
along with U.S. attorneys leading in the field of blockchain,
digital assets and Web3. The Committee was designed independently
of industry stakeholders to provide an objective and impartial
disclosure proposal. The Steering Committee is to be advised
by the Advisory Group composed of key industry stakeholders.
"Investors, and responsible entrepreneurs, thrive most when
there are clear, fit-for-purpose guidelines with which companies
can communicate with their stakeholders. This superbly talented
group is part of a larger research effort moving the
conversation–and policy–towards that goal" said Chris Brummer, Professor of Law at Georgetown and member of the Steering
Committee.
"The Global DCA recognizes the fundamental need with respect to
a disclosure framework for digital asset tokens offered in the
United States. This is why I am so excited to announce such a
strong engagement and industry collaboration on this effort
bringing together the brightest minds and veteran experts in our
capital markets and the financial system to propose disclosure
guidelines for digital asset tokens. This initiative is designed to
serve as a fundamental tool for this up-and-coming industry to
emerge as a much stronger contributor in the global financial
system," said Renata Szkoda, the
Chair of Global Digital Asset & Cryptocurrency
Association.
About Global Digital Asset and Cryptocurrency
Association
The Global DCA is a global trade association for the digital
asset & cryptocurrency industry. It was
established to guide the evolution of digital assets,
cryptocurrencies, and the underlying blockchain
technology within a regulatory framework designed to build public
trust, foster market integrity, and maximize economic opportunity
for all participants.
For more information, visit www.global-dca.org
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SOURCE The Global Digital Assets Cryptocurrency Association