The Digital Currency Council has opened its doors on Avenue of the Americas in lower Manhattan.
Through its courses, participants will receive professional-grade knowledge of digital currencies. Financial advisors are considered as ideal candidates. Their clients, hearing about the explosive gains in bitcoin prices over the years, have become interested. Yet advisors, understandably uneasy about these fringe investments, have shied away.
Successful completion of courses will grant the candidate a level of accreditation testifying to their expertise in the field. Analogous to professional societies offering accreditation in a particular area, members should be expected to adhere to appropriate professional standards. Said founder David Berger, previously Americas CEO of Campden Wealth:
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”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.”
The institution is reportedly receiving funding from Barry Silbert for an undisclosed amount.
The program is currently in “beta testing” but reportedly has already 200 people signed up.