On Tuesday, Manhattan welcomed the Digital Currency Council to the neighborhood, a consultancy and educational center aiming to become a resource for professional in the legal and finance sectors. The center will offer courses designed to give people a broad understanding of digital currencies and reports that 200 individuals are already taking such classes. David Berger, previous CEO at Campden Wealth and creator of the center, states,
We believe advisors, folks who are taking fees to give advice, need to be held to a higher standard of understanding… That’s really what we’re allowing them to do.”
As bitcoin becomes more and more relevant to Wall Street officials, the center hopes to be a source of education and guidance. At this point in time there are two bitcoin exchange-traded funds being developed, one of which is led by Barry Silbert. Silbert’s Bitcoin Opportunity Fund, in turn, is known to have provided funding to the center. He claims the center has potential to offer a more formalized education program than the self-education tools currently available.
The creation of the Digital Currency Council follows on the heels of professional educational efforts for cryptocurrencies by the University of Nicosia, which began offering a master’s level program last year. New York University now also offers cryptocurrency classes, indicating such courses will likely spread to other high level universities.
Want to learn more? Check out the DCC website.
Read more here- “Digital Currency Council Brings Bitcoin’s Three R’s to Wall Street,” (Paul Vigna, Wall Street Journal)