Close Menu
Cryprovideos
    What's Hot

    HTX Sizzling Listings Weekly Recap (July 15 – 21): Ethereum Leads the Rally as Market Tendencies Ignite Wealth Impact

    July 25, 2025

    Over $500M in Longs Wiped Out as Bitcoin Slips Beneath $116K ‣ BlockNews

    July 25, 2025

    Tesla’s BTC Holdings Now Value $1.24B, However Missed Out on Billions – Bitbo

    July 25, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Trump’s election win revives push for complete crypto reforms
    Trump’s election win revives push for complete crypto reforms
    Crypto News

    Trump’s election win revives push for complete crypto reforms

    By Crypto EditorNovember 23, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Trump’s election win revives push for complete crypto reforms

    Following Donald Trump’s election as the brand new US President, regulators are pushing for crypto market reforms, from establishing regulatory sandboxes to permitting tokenized funds’ shares as collateral in conventional derivatives buying and selling.

    Throughout an interview for Fox Enterprise, SEC Commissioner Mark Uyeda mentioned President-elect Donald Trump is correct about stopping the conflict on crypto within the US. He additionally commented on what could possibly be finished to make the nation a frontrunner within the world crypto market

    In response to Uyeda:

    “First off, from a regulatory perspective, we will present correct readability. Some crypto isn’t even a safety in any respect, however we have to make it clear whether or not or not you’ll fall inside SEC jurisdiction or not.”

    If a token providing falls underneath the SEC’s jurisdiction, clear pointers are needed so crypto companies can determine the proper plan of action to adjust to the regulator’s guidelines.

    Uyeda additionally defended the creation of “protected harbors,” that are regulatory sandboxes the place crypto firms might experiment with completely different merchandise, permitting “innovation to happen.”

    The SEC Commissioner additionally argued that regulators should work with Congress and different federal companies to create a cohesive strategy to crypto.

    Lastly, contemplating Gary Gensler will step down because the SEC Chair on Jan. 20, Uyeda was requested if he’s all for filling the function, and he answered that it is a choice for the President.

    Tokenized funds as collateral

    Uyeda’s name for reform comes amid a wider regulatory shift towards crypto and blockchain expertise in finance. The CFTC lately really useful utilizing tokenized funds as collateral.

    Bloomberg Information reported on Nov. 22 that the International Markets Advisory Committee of the Commodity Futures Buying and selling Fee (CFTC) accepted utilizing tokenized belongings, akin to money-market fund tokens launched by BlackRock and Franklin Templeton, as collateral for derivatives buying and selling.

    The committee’s suggestion, which now awaits evaluation by the CFTC, highlights the potential for distributed ledger expertise (DLT) to boost the effectivity and transparency of collateral administration.  

    The advisory panel’s suggestion gives a framework for registered companies to carry and switch tokenized non-cash collateral utilizing distributed-ledger expertise. The framework ensures compliance with present margin necessities set by the CFTC, different U.S. regulators, and derivatives clearing organizations.  

    Though the suggestions aren’t binding, the CFTC steadily incorporates advisory enter into its policymaking because of the committees’ specialised experience. Nevertheless, there is no such thing as a particular timeline for when or whether or not the CFTC will undertake these suggestions into formal steerage or rulemaking.

    Talked about on this article



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Spark [SPK] crypto breakout rally hits 300% – Will it retrace to $0.10?

    July 25, 2025

    3 key Causes Behind As we speak’s Crypto Market Drop

    July 25, 2025

    How To Safely Commerce 100x Leverage Crypto With CoinFutures?

    July 25, 2025

    Crypto Market Retreats Amid Document Liquidity and Indicators of Froth – Decrypt

    July 25, 2025
    Latest Posts

    Over $500M in Longs Wiped Out as Bitcoin Slips Beneath $116K ‣ BlockNews

    July 25, 2025

    Tesla’s BTC Holdings Now Value $1.24B, However Missed Out on Billions – Bitbo

    July 25, 2025

    Bitcoin Drops 2.5% to $115,200 as Whales Transfer Hundreds of thousands to Exchanges

    July 25, 2025

    Bitcoin Value Bleeds As Galaxy Digital Unleashes $1.5 Billion Promote-Off

    July 25, 2025

    Dealer Says Bitcoin Nonetheless Appears Bullish, Warns He Would Be ‘Very Very Anxious’ if This BTC Assist Stage Crumbles – The Each day Hodl

    July 25, 2025

    Bitcoin liquidation cascade wipes out $646 million in 24 hours

    July 25, 2025

    Ether ETFs outpace Bitcoin for six straight days in uncommon flip

    July 25, 2025

    🍨 MicroStrategy’s 5 Flavours of Funding: A Deep Dive into Yield, Construction & Bitcoin Torque

    July 25, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    BitBoy Crypto Ben Armstrong Arrested In Florida, Known as Fugitive From Justice

    March 26, 2025

    High Crypto Gainers As we speak Nov 08 – AIOZ Community, Reserve Rights, Arweave, Pendle

    November 9, 2024

    Coinbase Lawsuit, a Privateness Catastrophe Ready to Occur? Contemplate Crypto Wallets Like Greatest Pockets As an alternative

    May 21, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.