Wu Blockchain has learned that the U.S. crypto industry organization, Blockchain Association, submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC). The letter suggests allowing tokenized assets and payment stablecoins that meet risk standards to be used for margin and settlement, and recommends adjusting rules to accommodate 24/7 trading, real-time clearing, and on-chain records. The association also called for a clear review process for DeFi and blockchain-related registrations, stating that front-end providers, non-custodial wallets, and software providers that do not actually perform custodial or intermediary trading functions should not be classified as financial intermediaries solely for offering technical services. https://(wublock123.com)/news/blockchain-association-asks-cftc-allow-tokenized-collateral-stablecoins-for-margin-settlement-64391