DTCC CEO Michael Bodson speaks during the opening address on stage at his company's annual Fintech Symposium in New York City. Bakkt is building an institutional infrastructure for cryptocurrency trading, starting with custody services later this year, followed by crypto futures, and eventually payments. The three largest obstacles to the audience deciding to invest in cryptocurrency were regulatory uncertainty (29%), valuation approach (29%) and fraud (21%). A panel on cryptocurrency at the 2019 DTCC FIntech Symposium, featuring data from an audience survey. State Street’s managing director of global technology services, Nathaniel Rand, talked about the company’s efforts to simplify reconciliation by moving various banks to a shared, distributed ledgers.

Source: Forbes May 01, 2019 01:18 UTC