$BTC

BTC

90,376.39

-2.05%

Big news for crypto and Wall Street. 😎

The CFTC just approved a pilot program letting derivatives brokers accept $BTC, $ETH ETH, and $USDE DC as collateral.

This means crypto can now be used like cash or bonds to secure futures and swaps something regulators would never have allowed a few years ago.

The agency also pulled back an old advisory that banned accepting crypto as collateral, saying it’s now outdated.