š CFTC launches pilot program for using cryptocurrencies as collateral in derivatives markets!
The U.S. Commodity Futures Trading Commission has announced the launch of an initiative allowing the use of digital assets such as Bitcoin, Ethereum, and USDC as collateral in derivatives trading.
š As part of the program, new guidance on tokenized collateral has been issued, while outdated requirements have been eliminated following the passage of the GENIUS Act.
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