The CFTC launches a forum for leaders in the crypto industry: discussion of the pilot program on tokenized collateral, including stablecoins and cryptocurrencies, as part of regulatory reform and consumer protection 🏛️

The CFTC announced the creation of a forum for leaders in the crypto industry, where they can share opinions on the pilot program exploring "tokenized non-monetary collateral," including stablecoins. Participants include Circle, Coinbase, Crypto.com, and Ripple. Acting Chair of the CFTC, Caroline Pham, emphasized the importance of engaging with the industry to fulfill the Trump administration’s promises in supporting cryptocurrencies. The launch of the program is part of a broader reorganization of the CFTC, which includes shifting from "regulation by enforcement" to consumer protection against fraud and streamlining enforcement processes.