In the latest financial marekt initiative, Caroline Pham, acting chair of the US Commodity Futures Trading Commission (CFTC), has launched a "digital asset pilot program" to allow the use of specific cryptocurrencies as collateral in the derivatives market. The pilot program will initially be limited to Bitcoin, Ethereum (ETH), and USDC as collateral in the derivatives market.
The announcement builds on an initiative promoted by the CFTC in September to expand the use of tokenized collateral, particularly stablecoins, in the derivatives market.
The CFTC has approved Ethereum, Bitcoin, and USDC as collateral for derivatives markets
2025-12-08 23:42:10
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