U.S. CFTC Commits to Developing “Overall Framework” for Digital Assets by 2024

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The CFTC has made comprehensive cryptocurrency regulation a strategic goal to achieve in the next few years, and also called digital assets a commodity of the 21st century.

Editors Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: KOLLEN POST, reprinted by Odaily with authorization.

Cointelegraph Chinese (ID: CointelegraphChina)

Cointelegraph Chinese (ID: CointelegraphChina)

, Author: KOLLEN POST, reprinted by Odaily with authorization.

In its final strategy for the next four years, released on July 8, the U.S. Commodity Futures Trading Commission (CFTC) has prioritized comprehensive cryptocurrency regulation.

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The new framework promises in its strategic goals: We will develop an overall framework to promote reliable innovation in digital assets.

The new framework sets out targets for the next four years until 2024, when current chairman Heath Tarberts term ends. The broad strategy includes a language that is highly supportive of innovation, for which CFTCs Tarbert and his predecessors are well known in the crypto community.

The report commends the development of the general digitization of digital asset derivatives and trading in recent years:

Financial markets have rapidly adopted emerging technologies, and our derivatives markets have undergone an astounding digital transformation.

This article is from a submission and does not represent the Daily position. If reprinted, please indicate the source.

ODAILY reminds readers to establish correct monetary and investment concepts, rationally view blockchain, and effectively improve risk awareness; We can actively report and report any illegal or criminal clues discovered to relevant departments.

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