U.S. Regulatory Bodies Discuss Blockchain's Impact on Financial Markets

According to Odaily, the U.S. Securities and Exchange Commission's cryptocurrency task force and the U.S. Department of the Treasury recently met with the Plume team in Washington, D.C. The discussion focused on how an open blockchain ecosystem could enhance the competitiveness of U.S. cryptocurrency and capital markets. The tokenization and blockchain integration of markets such as stocks, bonds, loans, asset-backed securities, and commodities could lead to increased liquidity, efficiency, and transparency, particularly under the right regulatory framework. By collaborating with policymakers, Plume aims to achieve public policy outcomes that are as good as or better than those of existing market structures.