News list for " start tokenization"
Caroline D. Pham, acting chair of the US Commodity Futures Trading Commission (CFTC), announced the launch of the "tokenized collateral" program, which allows derivatives traders to use non-cash assets such as stablecoins as collateral to improve market efficiency and transparency. The initiative continues a pilot project with Circle, Coinbase, Crypto.com, Ripple, and Moonpay in February this year, and invites industry submissions by October 20. The move is seen as an important step for the CFTC...
VersaBank, a Nasdaq-listed provider of digital banking and cyber security technology solutions, announced that its subsidiary, VersaBank USA, has launched the "USDVB Pilot", a tokenized deposit pilot program in the United States, designed to verify the functionality, security, and operational integrity of VersaBank USA DDRs in the U.S. dollar environment and ensure compliance with U.S. banking regulations.
