The push to prepare U.S. markets for ‘mass tokenization’
Coin Bureau reports that CFTC Chairman Selig expects the next decade will likely bring more change to financial markets than the previous several decades combined, as blockchain and AI adoption scales up.
TLDR
Coin Bureau reports that CFTC Chairman Selig told the U.S. Treasury Market Conference that U.S. markets must prepare for “mass tokenization” as blockchains and AI are “adopted at scale.” It quotes him predicting that the next decade will likely bring more change to financial markets than the previous several decades combined. Coin Bureau also says the CFTC expanded eligible collateral to include stablecoins in February and is looking to drive further adoption across exchanges and clearinghouses.
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