GOLDILOCKS
On March the 6th, 2024, the CFTC is having a follow-up meeting with the Global Markets Advisory Committee.
The GMAC is a subcommittee that represents the Digital Market Financial System. This meeting is expected to be a time for them to discuss recommendations on their findings so far and move forward with the Digital Financial System.
The purpose of this meeting is to "enhance the resiliency and efficiency of global markets, including increased liquidity in U.S. Treasury markets and the upcoming transition to T+1 securities settlement."
My understanding is that instant settlements are already being worked on. It is also my understanding from conversations with developers that the move from T+1 settlements to T+0 will not take long.
As they are stating in this next meeting, they're going to discuss liquidity in the US Treasury Markets. More and more millionaires and billionaires are retrieving their funds from the stock market and moving into digital economy assets.
This move encompasses assets tokenized and supported by gold. It provides investment opportunities many of these whales are looking for to move their money.
We are witnessing a ground-floor opportunity for those who decide to participate inside the new digital economy. Traders pray for such opportunities as this we are witnessing.
As we move into legislative regulations for protocols inside the crypto economy, stablecoins to pay for these tokenized assets will be coming into focus. CFTC
© Goldilocks
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