Tokenized funds get preliminary approval to be used as collateral in the US

October 3, 2024

in Crypto

Reading Time: 2 mins read

A subcommittee of the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee voted to approve guidelines for using tokenized shares of money-market funds as collateral for traditional financial operations.

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Tokenized funds get preliminary approval to be used as collateral in the US

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Tokenized funds get preliminary approval to be used as collateral in the US

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