Remarks of CFTC Commissioner Caroline D. Pham Before the Cato Institute, Staying Ahead of the Curve: Crypto Regulation and CompetitivenessSeptember 07, 2023Good afternoon. A pilot program can create a safe framework for emerging technologies and market structures under our existing laws and regulations. [31] Eventually, the pilot program led to the SEC adopting its “limit up-limit down” mechanism, initially on a pilot basis again. A New CFTC Pilot Program to Ensure Responsible InnovationStaying ahead of the curve requires being ready to look to the future and preparing to embrace change. That’s why I’m recommending a time-limited CFTC pilot program to support the development of compliant digital asset markets and tokenization.

Source: Washington Post September 07, 2023 23:28 UTC