CFTC Chair Says 'Mass Tokenization' and 24/7 Onchain Markets Are Already Here
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5 Articles
The President of the CFTC, Michael Selig, says that traditional finance must be prepared for a "mass tokenization", combined with an uninterrupted opening of markets. At the same time, he says that regulators must adapt to new technologies, such as blockchain and AI. L的article Towards a "mass tokenization": the finance of the future will exchange 24/7 appeared first on Cryptoast.
CFTC Chair Mike Selig Says Agency Is Preparing for Onchain Finance, Mass Tokenization and 24/7 Markets
Commodity Futures Trading Commission Chairman Michael Selig says the agency is preparing U.S. derivatives markets for an era defined by onchain finance, mass tokenization, 24/7 trading and artificial intelligence, signaling that technologies pioneered in crypto are increasingly being treated as components of mainstream financial infrastructure. Speaking at the U.S. Treasury Market Conference on September 22, Selig said regulators cannot simply m…
REALITY CHECK | CFTC Chair Says Markets Must Prepare for ‘Mass Tokenization and 24/7 Trading’ Within ‘the Next Decade’
Commodity Futures Trading Commission Chairman (CFTC), Michael Selig, said U.S. financial markets must prepare for the large-scale tokenization of assets, on-chain finance, and the expansion of round-the-clock trading. Speaking at the U.S. Treasury Market Conference at the Federal Reserve Bank of New York, Selig said developments in tokenization, blockchain, artificial intelligence, and 24/7 trading could re-shape financial markets over the next …
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