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Acting Chairman Pham Launches Tokenized Collateral and Stablecoins Initiative
Commodity Futures Trading Commission Acting Chairman Caroline D. Pham announced today the CFTC will launch an initiative for the use of tokenized collateral including stablecoins in derivatives markets. This initiative builds on the CFTC’s successful Crypto CEO Forum held in February 2025, and is part of the CFTC’s crypto sprint to implement the recommendations in the President’s Working Group on Digital Asset Markets report. Acting Chairman Pham announced CFTC’s crypto sprint on August 1 [See CFTC Press Release No.9104-25]. “Since January, the CFTC has taken clear action to usher in America’s Golden Age ... (full story)