The U.S. CFTC has approved the use of blockchain technology to manage trading collateral in the derivatives market

P
PA一线11/23/2024, 12:48 AM

PANews reported on November 23 that according to Cointelegraph, according to a report released by the Global Market Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC) on November 21, the CFTC has approved the use of blockchain technology to manage trading collateral in the U.S. derivatives market. The report stated that blockchain technology (including distributed ledgers and tokenization) can solve the long-standing challenges of traditional derivatives exchanges and expand the types of assets that can be used for collateral transactions.

Share to:

Author: PA一线

This content is provided for informational purposes only and does not constitute investment advice.

Comments
Follow PANews official accounts, let's navigate bull and bear markets together