Editor's PiCK

U.S. CFTC launches 'Crypto Sprint'... initiative for tokenized collateral and stablecoins

Source
Suehyeon Lee

Summary

  • The U.S. Commodity Futures Trading Commission (CFTC) has officially launched the 'Crypto Sprint' initiative in collaboration with the private sector, focused on tokenized collateral and stablecoins.
  • Caroline Pham, acting chair of the CFTC, said the CFTC is starting the tokenized collateral and stablecoin initiative with industry partners.
  • The project is reported to include major crypto asset firms such as Circle, Coinbase, Crypto.com, Tether, and Ripple.
Photo=Caroline Pham X(X)
Photo=Caroline Pham X(X)

The U.S. Commodity Futures Trading Commission (CFTC) has officially launched the 'Crypto Sprint' initiative, focused on tokenized collateral and stablecoins, in collaboration with the private sector.

On the 24th (local time), Caroline Pham, acting chair of the CFTC, said on X, "The CFTC is launching the tokenized collateral and stablecoin initiative with industry partners."

The project is reported to include Circle, Coinbase, Crypto.com, Tether, and Ripple.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?