The Commodity Futures Trading Commission announced it will hold a CEO Forum with selected industry firms to discuss the launch of the CFTC’s digital asset markets pilot program, focused on the use of tokenized non-cash collateral such as stablecoins. Named participants include Circle, Coinbase, Crypto.com, MoonPay and Ripple. The initiative follows Acting Chairman Caroline D. Pham’s earlier proposal for a CFTC pilot program as a regulatory sandbox aimed at providing regulatory clarity for digital asset markets while maintaining guardrails. The release also notes prior CFTC experience with pilot programs and references a recommendation issued last year by the CFTC’s Global Markets Advisory Committee Digital Asset Markets Subcommittee on expanding the use of non-cash collateral through distributed ledger technology. Further details on the CEO Forum are expected once arrangements are finalized.