[CFTC Chair: Market Must Prepare for Large-Scale Tokenization and 24/7 Trading] Gold Finance reports that on September 23, Michael Selig, Chairman of the U.S. C
- U.S. CFTC Chair Michael Selig is urging market participants and regulators to prepare for large-scale tokenization and 24/7 trading, anticipating significant market changes driven by blockchain and AI.
- The CFTC is actively encouraging responsible stablecoin adoption and has issued guidance on 24/7 trading, while the SEC is creating space for tokenized equity trading.
- Both agencies are independently advancing their agendas to foster innovation and maintain U.S. market leadership, despite stalled comprehensive crypto legislation.
Topics: Jurisdictions, Legal regulatory, Scalability, Regulatory sandboxes pilots, Securities law classification, Institutional capital inflows
Tags: #cftc #tokenization #247trading #blockchain #artificialintelligence #stablecoins #sec #onchainfinance #marketpreparedness #regulatoryinnovation
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