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.
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