🇺🇸 CFTC chapter called for preparing for large-scale tokenization of financial markets.
Michael Selig believes that blockchain and tokenized assets could form the foundation of a new financial system where settlements will take place in almost real time, and collateral can be moved in real time.
• Tokenization can transform all asset classes—just as electronic trading changed traditional markets.
• The CFTC will adapt regulation to the growth of on-chain finance and around-the-clock trading. Stablecoins may play an important role in this infrastructure.
• According to CFTC representatives, cryptocurrencies and precious metals may already be ready for 24/7 trading.
$XRP
$ONDO
$CFG
Michael Selig believes that blockchain and tokenized assets could form the foundation of a new financial system where settlements will take place in almost real time, and collateral can be moved in real time.
• Tokenization can transform all asset classes—just as electronic trading changed traditional markets.
• The CFTC will adapt regulation to the growth of on-chain finance and around-the-clock trading. Stablecoins may play an important role in this infrastructure.
• According to CFTC representatives, cryptocurrencies and precious metals may already be ready for 24/7 trading.
$XRP
$ONDO
$CFG
