United States of America: CFTC's Global Markets Advisory Committee Recommendation on Tokenised Non-Cash Collateral
Progress
Current status
adopted
21 Nov 2024 adopted
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
DLT development
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Adopted CFTC’s Global Markets Advisory Committee Recommendation on Tokenised Non-Cash Collateral
On 21 November 2024, the Commodity Futures Trading Commission's (CFTC) Global Markets Advisory Committee (GMAC) advanced a recommendation to enhance the use of non-cash collateral in the United States through distributed ledger technology. This init…
Event type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body