Proceedings of the Standing Senate Committee on
Banking, Trade and Commerce

Issue 24 - Minutes of Proceedings - February 26, 2015

OTTAWA, Thursday, February 26, 2015
(53)

[English]

The Standing Senate Committee on Banking, Trade and Commerce met this day at 10:30 a.m., in room 9, Victoria Building, the chair, the Honourable Irving Gerstein, presiding.

Members of the committee present: The Honourable Senators Bellemare, Black, Gerstein, Greene, Hervieux-Payette, P.C., Maltais, Massicotte, Patterson and Ringuette (9).

In attendance: Adriane Yong and Michaël Lambert-Racine, Analysts, Parliamentary Information and Research Services, Library of Parliament.

Also present: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Tuesday, March 25, 2014, the committee continued its study on the use of digital currency. (For complete text of the order of reference, see proceedings of the committee, Issue No. 6.)

WITNESSES:

As individuals:

Elliot A. Greenstone, Lawyer, Davies Ward Phillips & Vineberg;

John Jason, Of Counsel, Norton Rose Fulbright Canada.

Ripple Labs:

Greg Kidd, Chief Risk Officer (by video conference).

The chair made a statement.

Mr. Greenstone and Mr. Jason each made a statement and answered questions.

At 11:33 a.m., the committee suspended.

At 11:37 a.m., the committee resumed.

The chair made a statement.

Mr. Kidd made a statement and answered questions.

At 12:17 p.m., the committee adjourned to the call of the chair.

ATTEST:

Danielle Labonté

Clerk of the Committee