TREE NEWS update: CFTC Chairman Michael Selig said the regulator must prepare for large-scale tokenization and adapt existing market rules to blockchain and AI, warning that the next decade could bring more change than the past several combined. The CFTC will seek more ways to encourage market participants, exchanges and clearinghouses to responsibly adopt stablecoins. It issued guidance and sought public comment on 24/7 energy derivatives trading over the past year, and in February added a national trust bank-issued stablecoin as eligible collateral.
CFTC Chair Selig Says Markets Must Prepare for Large-Scale Tokenization, 24/7 Trading
AI take
The significance here is not the rhetoric about tokenization but the sequencing: a US derivatives regulator is moving from study to plumbing, with stablecoin collateral and 24/7 trading already addressed in concrete form. That directly affects exchanges, clearinghouses and energy derivatives participants, who would bear the operational burden of continuous settlement and new collateral types. The open question is whether other regulators and market infrastructure follow the CFTC's lead, or whether fragmented rules leave tokenized collateral usable in some venues and not others.
Generated by AI for reference only.
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