Deep Tide TechFlow news, on November 23, according to Cointelegraph, the Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee reported on November 21 that the CFTC has approved the use of blockchain to manage trading collateral in the U.S. derivatives market.
The report pointed out that blockchain can address the challenges of traditional derivatives trading and expand the types of collateral assets, with its network able to transfer collateral assets in real-time, etc. Trump may appoint a pro-crypto commissioner to lead the CFTC.
In addition, the SEC will also have leadership changes, as there have been signs of accepting tokenized assets as trading collateral.