The U.S. Commodity Futures Trading Commission (CFTC) is set to convene a CEO forum to discuss the upcoming launch of its digital asset markets pilot program, aimed at exploring the use of tokenized non-cash collateral, including stablecoins, within financial markets.
The forum will bring together key players from major cryptocurrency firms, including Circle, Ripple, Coinbase, and Crypto.com. Participants will evaluate how distributed ledger technology (DLT) can facilitate the broader use of non-cash collateral while remaining in compliance with existing financial regulations.
Caroline Pham, acting chair of the CFTC, emphasized the significance of the initiative for the U.S. digital asset market, expressing the agency’s dedication to responsible innovation. Pham also highlighted the CFTC’s role in supporting the Trump Administration’s goal of maintaining the U.S. as a leader in economic opportunity.
Pham had previously suggested that the pilot program function as a regulatory sandbox, offering the cryptocurrency sector much-needed regulatory clarity. The CFTC has a history of successfully using similar pilot programs dating back to the 1990s.
In parallel, the U.S. Securities and Exchange Commission (SEC) is also advancing efforts to regulate the cryptocurrency industry and recently established a task force to help create clearer guidelines.
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