US CFTC Advisory Group to Focus on DeFi Technology - Coinleaks
Current Date:September 21, 2024

US CFTC Advisory Group to Focus on DeFi Technology

The derivatives regulators’ Technology Advisory Committee will review DeFi, among other technologies, at its meeting on March 22.

Decentralized finance ( DeFi), which was first discussed at the Commodity Futures Trading Commission’s Technology Advisory Committee’s inaugural meeting on March 22. Subject title will be.

Caroline Pham: “Crypto Knows No Borders”

sponsoring the CFTC’s advisory group Commission Member of Christy Goldsmith Romero“A discussion about DeFi, including cybersecurity vulnerabilities, indicators of decentralization, digital identity and non-hosted wallets, WashingtonAnd beltwayIt will contribute to the ongoing policy debates beyond .

As the SEC seeks new authorities to oversee the non-securities crypto spot market, CFTCshowing an increasing interest in the crypto sector.

CFTXone of the advisory committees of the Commission Member of Caroline phamThe Global Markets Advisory Committee, overseen by the Global Markets Advisory Committee, met on February 13 to discuss digital asset issues at its first meeting. phamargued that crypto truly knows no boundaries and that policymakers need to understand what is going on at the international level.

International Monetary Fund ( IMF) Head Kristalina Georgieva He also recently made comments about crypto regulations. Goergieva, bitcoinHe also stated that he would prefer to regulate and control cryptocurrencies rather than ban them completely.