Regulation isn’t just discussing “concepts” this time—it’s pushing the on-chain market into the real world.
CFTC Chair Michael Selig said financial markets should be prepared for “large-scale tokenization.” He noted that tokenized RWA could become the foundation of a more efficient financial system, enabling near-instant settlement and real-time flows of collateral among clearing and settlement institutions, intermediaries, and users. The SEC is also continuing to drive forward on-chain markets. Jamie Selway said tokenization and crypto assets have recently become more politicized, but regulation is still moving ahead.
After the CLARITY Act was derailed, the CFTC is still advancing rules under its existing authority. The regulatory action submitted on September 17 remains in the “prerule” stage. Two observable scenarios are: discussions around on-chain stock trading continue to heat up, or institutions begin to more seriously evaluate the feasibility of migrating liquidity onto the chain. Which are you more focused on—the development of RWA infrastructure, or the mainstream crypto market’s next reaction?
Source: Cointelegraph
Supporting Image 1: US regulators continue pushing asset tokenization · Key news points
Image source: https://cointelegraph.com/news/cftc-selig-mass-tokenization-sec-onchain-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC Chair Michael Selig said financial markets should be prepared for “large-scale tokenization.” He noted that tokenized RWA could become the foundation of a more efficient financial system, enabling near-instant settlement and real-time flows of collateral among clearing and settlement institutions, intermediaries, and users. The SEC is also continuing to drive forward on-chain markets. Jamie Selway said tokenization and crypto assets have recently become more politicized, but regulation is still moving ahead.
After the CLARITY Act was derailed, the CFTC is still advancing rules under its existing authority. The regulatory action submitted on September 17 remains in the “prerule” stage. Two observable scenarios are: discussions around on-chain stock trading continue to heat up, or institutions begin to more seriously evaluate the feasibility of migrating liquidity onto the chain. Which are you more focused on—the development of RWA infrastructure, or the mainstream crypto market’s next reaction?
Source: Cointelegraph
Supporting Image 1: US regulators continue pushing asset tokenization · Key news points
Image source: https://cointelegraph.com/news/cftc-selig-mass-tokenization-sec-onchain-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
