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📦 Rewards Overview:
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The US CFTC is formulating a tokenization collateral policy, which is expected to be released early next year.
[The CFTC is formulating a tokenization collateral policy, expected to be released early next year] The U.S. Congress has been trying to grant the Commodity Futures Trading Commission (CFTC) greater direct jurisdiction over the crypto assets spot market. According to informed sources, the CFTC is developing a tokenization collateral policy, which is expected to be released early next year. This policy may allow the use of stablecoins as acceptable tokenized collateral in the derivation market, potentially piloted first in U.S. clearinghouses, and implement stricter regulations requiring the disclosure of more information, such as holdings size, large trader transactions, and volume, as well as more detailed reporting of operational events.