U.S. Commodity Futures Trading Commission (CFTC)
Recent News About U.S. Commodity Futures Trading Commission (CFTC)
-
Former CFTC chair on stablecoins: 'The U.S. could become a standards taker rather than a standards maker'
Timothy Massad, director of the Digital Assets Policy Project at the Harvard Kennedy School and a former chairman of the Commodity Futures Trading Commission (CFTC), wrote in an opinion piece that the U.S. needs to prioritize stablecoin regulation, or it risks falling behind and being forced to follow legal frameworks implemented by other countries. Massad argued that the potential risks associated with increased use of stablecoins can be mitigated by regulating them.