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    Home»Education»Senator Boozman Talks Crypto Future and Consumer Protection
    Education

    Senator Boozman Talks Crypto Future and Consumer Protection

    admin4By admin4August 30, 2022No Comments
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    Senator John Boozman visited leaders of the U of A Law School and Blockchain Center of Excellence on the need for new tools to regulate digital goods and protect customers and markets.

    Photo: Chieko Hara

    Senator John Boozman visited leaders of the U of A Law School and Blockchain Center of Excellence on the need for new tools to regulate digital goods and protect customers and markets.

    U.S. Senator John Boozman (Republican) will visit the U of A campus on Monday, August 22 to meet with leaders from the School of Law and the Blockchain Center of Excellence to provide consumer protection within the crypto industry. talked about sex.

    Boozman’s visit was the beginning of his annual farm tour, a week-long highlight of the Arkansas farming business. He is the top Republican on the Senate Committee on Agriculture, Nutrition, and Forestry.

    Boozman spoke with law professor Carol Goforth and Kathryn Carlisle, senior managing director of the Blockchain Center of Excellence, about the need for new tools to regulate digital goods and protect customers and markets.

    “The Blockchain Center of Excellence and the University of Arkansas School of Law are thrilled to witness Senator Boozman’s commitment and leadership in the crypto space,” said Goforth. “Balancing the need for regulation and promoting innovation at the same time is a difficult task, Digital Goods Consumer Protection Act 2022 It can help close regulatory holes without hindering business development. “

    Boozman was also joined by Commodity Futures Trading Commission (CFTC) Commissioners Christy Goldsmith Romero and Summer Mersinger.

    “There is no substitute for visits like this to ensure informed decision-making,” Boozman said. “The Blockchain Center of Excellence and the CFTC have been important partners in my office working on the drafting of this bill, and have shared important insights into the real-world implications of the bill. Being at the forefront of property research, with many of our leading companies embracing technology, positions Arkansas as a leader in this emerging sector, making it an ideal place to advance this discussion. “

    About Blockchain Center for Excellence

    Since its establishment in 2018 within the Department of Information Systems at Walton College, the Blockchain Center of Excellence has made the College and A University an academic leader in research and education in blockchain-enabled technologies and digital ecosystems. The center promotes research on the impact and implementation of blockchain to help it become a mainstream tool for business.

    For the last four years of the Spring Semester, the Blockchain Center for Excellence has hosted the RZRblock Hackathon. The RZRblock Hackathon is his one-month free competition open to students and anyone interested in learning blockchain technology.

    The Arkansas Law Review will also host its annual symposium this fall on October 28th with a focus on cryptocurrency regulation. CFTC Commissioner Christine Johnson will be the keynote speaker.

    Co-hosted by the School of Law and the Blockchain Center of Excellence, the symposium will bring together local experts to discuss the evolution of regulatory compliance in the cryptocurrency ecosystem.

    Pre-registration is required for the symposium, but the all-day event is open to the public.

    About the University of Arkansas: As Arkansas’ flagship institution, U of A offers an internationally competitive education with over 200 academic programs. Founded in 1871, U of A contributes his $2.2 billion to the Arkansas economy through teaching new knowledge and skills, developing entrepreneurship and employment, discovering through research and creativity, and providing training in specialized fields. contributed more than The Carnegie Foundation classifies U of A as one of the few US universities with the highest level of research activity. US News & World Report Ranks U of A among the nation’s top public universities. See how the U of A is working to build a better world in Arkansas Research News.





    Left to right: Carol Goffors, Christy Goldsmith Romero, Senator John Boozman, Summer Mersinger, Kathryn Carlyle



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