Following Donald Trump’s election as US President, regulators are pushing for crypto market reforms, including establishing regulatory sandboxes and allowing tokenized funds’ shares as collateral in traditional derivatives trading. SEC Commissioner Mark Uyeda said President-elect Trump is right about stopping the war on crypto in the US and that clarity from a regulatory perspective is needed.
He also defended the creation of “safe harbors” or regulatory sandboxes where crypto companies could experiment with different products. The CFTC has recently recommended using tokenized funds as collateral, with the Global Markets Advisory Committee approving tokenized assets as collateral for derivatives trading.
