The U.S. Commodity Futures Trading Commission (CFTC) is set to hold a CEO forum to discuss the upcoming launch of its pilot program focused on digital asset markets. The initiative will specifically explore the potential use of tokenized non-cash collateral, such as stablecoins, within the broader financial landscape.
Leading crypto companies, including Circle, Ripple, Coinbase, and Crypto.com, are expected to participate in the forum, which will examine how distributed ledger technology (DLT) can facilitate the use of non-cash collateral in a manner consistent with current financial regulations.
Caroline Pham, the acting chair of the CFTC, described the pilot program as a significant step for the U.S. digital asset market. She emphasized the CFTC’s dedication to promoting responsible innovation and reiterated the commission’s goal to maintain America’s leadership in economic opportunities, as outlined by the Trump Administration. Pham had previously suggested that the CFTC use a pilot program as a “regulatory sandbox” to offer clarity and certainty to the cryptocurrency sector. The CFTC has employed similar programs since the 1990s.
In parallel, the U.S. Securities and Exchange Commission (SEC) is also working to establish clearer crypto regulations and recently formed a task force to focus on defining industry rules.
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