US CFTC Proposes Allowing Stablecoins as Tokenized Collateral
BlockBeats News, November 9, according to informed sources, the U.S. Commodity Futures Trading Commission (CFTC) is formulating a tokenized collateral policy, which is expected to be introduced early next year. This policy may allow stablecoins to be used as acceptable tokenized collateral in the derivatives market, possibly starting with a pilot at U.S. clearinghouses, and will implement stricter regulations requiring more disclosures, such as position sizes, large traders and trading volumes, as well as more detailed reporting of operational events.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Frasers Property shareholders back FHT portfolio optimization at EGM with 99.07% vote support
Best Buy's Strong Q2 Overshadowed by Cautious Outlook as Computing Tailwind Fades, Wedbush Says
Pearson executive Vishaal Gupta sells shares worth GBP 915,173.81
Canada's Q2 GDP Rebound Seen As Unsustainable As Fresh Trade Restrictions Cast Shadow Going Forward
