The U.S. CFTC has approved the use of blockchain technology to manage trading collateral in the derivatives market
According to a report released on November 21 by the Global Markets Advisory Committee of the US Commodity Futures Trading Commission (CFTC), CFTC has approved the use of blockchain technology to manage collateral in the US derivatives market. The report states that blockchain technology (including distributed ledgers and tokenization) can solve long-standing challenges in traditional derivatives exchanges and expand the types of assets available for collateralized transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
