CFTC Approves BTC, ETH and USDC as Margin Collateral, 2020 Ban Withdrawn

By Coin Edition
16 days ago
PTD SEC JEFF USDC CIN
  • The CFTC’s new pilot program will enable U.S. derivatives to accept digital assets as collateral.
  • The initiative withdraws a 2020 advisory that banned the use of crypto as collateral.
  • The move will trigger a massive institutional onramp as crypto gets legitimized in TradFi.

The Commodity Futures Trading Commission (CFTC) has executed a structural pivot in U.S. derivatives markets, launching a Digital Assets Pilot Program that formally authorizes the use of Bitcoin, Ethereum, and USDC as eligible margin collateral.

Related: Jeff Park Says CFTC Should Lead U.S. Crypto Regulation, Not SEC

Dismantling ‘Choke Point 2.0’: The 2020 Advisory Withdrawal

Acting Chairman Caroline Pham explicitly positioned the move as a regulatory modernization effort mandated by the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act), which President Tr…

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