Finance

DC FinTech Week explores regulatory concerns, innovations in finance technology


This week, hundreds gathered for DC FinTech Week in the District. It’s a free event that brought together some of the biggest movers and shakers in finance technology.

“We’ve tried to get people from quite literally all over the world to talk about everything from data, financial inclusion, housing. We just finished a conversation on stablecoins to really think about what’s the gamut of risk, opportunity and work that kind of has to get done in order to engage what is involving financial and technology landscape,” said Chris Brummer, Founder of DC Fintech Week.

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7News’ Lindsey Mastis covers technology and spoke with Brummer at the conference, including about cryptocurrencies. It’s becoming more mainstream, but many people are very concerned.

“That’s one reason why we have this kind of a conference where we can get the regulators, sort of leaning in and shining a spotlight to some of what their concerns are. And also having some of the people who are on the front lines talking about the kinds of advantages and the kinds of innovations that perhaps the regulators may not be so aware of,” Brummer said.

Brummer said it’s important people are getting information from trusted resources, and he encourages people to start educating themselves. He recommends seeking out books and articles, and watching lectures from universities or think tanks online.

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