Online reports that Caroline Pham, acting chairman of the U.S. Commodity Futures Trading Commission, is pursuing a pilot tokenization program backed by stablecoins and plans to hold a digital asset CEO forum. The upcoming summit will include Coinbase, Ripple, Circle, Crypto.com and other heads of digital asset companies. Pham, through its advisory committee, the Global Markets Advisory Council, proposed the idea of establishing a so-called tokenization regulatory sandbox, but the agency's previous leadership did not adopt it. The agency said the idea is based on what Caroline Pham calls "responsible innovation" and will promote the use of non-cash collateral "through distributed ledger technology." Dates and further details for the Digital Assets CEO Forum have not yet been determined.