CFTC Launches Digital Assets Pilot Program Allowing Bitcoin and Ethereum as Derivatives Collateral

Bitcoin

CFTC Launches Digital Assets Pilot Program Allowing Bitcoin and Ethereum as Derivatives Collateral

The US Commodity Futures Trading Commission announced a pilot program on December 8 allowing futures commission merchants to accept Bitcoin, Ethereum, and USDC as margin collateral in derivatives markets. According to Cointelegraph, Acting Chairman Caroline Pham stated the program establishes clear guardrails to protect customer assets and provides enhanced CFTC

By Albert Morgan