Alan Deckman, President and Principal Owner of TCORS Capitol Group, LLC. (TCG), and Founder and President of the CT Blockchain Association (CBA), has been appointed to the Connecticut Department of Banking Digital Asset Advisory Group for a 3-year term. The group is composed of individuals external to the agency who have significant knowledge and experience relating to digital assets, financial services, and consumer financial protection. They will provide input to the Banking Commissioner and Department staff.

Connecticut Department of Banking Digital Asset Advisory Group

Purpose and Establishment

Department staff will coordinate and facilitate periodic meetings of the group to discuss and receive input regarding digital assets, the financial services industry, financial services regulation, consumer and investor protection, and consumer financial education. Members of the group will contribute by participating in quarterly meetings, providing input and feedback on agenda items, and helping the Department identify evolving regulatory opportunities and challenges related to digital assets. Members will be expected to adhere to a communications and public record policy that is consistent with the Connecticut Freedom of Information Act.

Background

Formation of the Digital Asset Advisory Group stems from legislation authorizing the Banking Commissioner to make regulations and issue orders “governing the business use of digital assets by entities and individuals subject to regulation by the Commissioner.” The goal is to consider and draft potential digital asset legislation and otherwise implement policies designed to protect consumers and investors, support responsible financial services innovation in the State, and foster economic development.

TCORS Capitol Group, LLC. (TCG) congratulates Mr. Deckman on his appointment to the advisory group.