The Commodity Futures Trading Commission has announced plans for a Crypto CEO Forum for the purpose of bringing industry leaders together to discuss the pilot program for digital asset markets.
In particular, the CFTC is demanding input from the leading crypto companies on the agency’s regulator sandbox for non-carried collateral tokens. The pilot program will focus on assets such as Stablecoins, CFTC said Press release,
The CEO Forum will include officers of several crypto firms, including USDC (USDC) StableCoin issuer circle and top US-based Crypto Exchange Coinbase.
The company behind Ripple, XRP (XRP) and StableCoin RLUSD and Crypto Exchange Crypto.com will also be part of the forum.
Acting CFTC President Caroline Fam noted:
“I am excited to announce this groundbreaking initiative for US Digital Asset Markets. CFTC is committed to responsible innovation. I am eager to join the market participants to fulfill the promise of the Trump administration to ensure that the US makes a way for economic opportunity. ,
President Donald Trump selected the form as acting CFTC president to replace Rostin Behnam, who resigned on 20 January. It came as a supporter-crypto trend of Trump, which was also shown in enrollment and appointment, in acting capacity, on a new chair in American Securities. And Exchange Commission.
On 27 January, the form emphasized that the CFTC is going “back basics”, which has played an important role in shaping the next stages of the regulator with rounded discussions with the involvement of Crypto industry leaders.
This latest declaration aligns with the previous push of Pham for the CFTC pilot program, which aims to increase regulatory clarity in Crypto markets. In November 2024, a CFTC Advisory Committee recommended the use of token property as collateral in financial markets.
