New CFTC Crypto Initiative: Bitcoin, Ethereum, To Serve As Collateral In Deri...
Caroline Pham, the acting chair of the US Commodity Futures Trading Commission (CFTC), has announced the launch of a pilot program allowing Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) to be utilized as collateral in US derivatives markets. New CFTC Guidance For Crypto The pilot program was unveiled on Monday, accompanied by new guidance […]
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The US CFTC has launched an initiative to explore the use of stablecoins as collateral in derivatives markets, with public input open until Oct. 20th. CFTC Launches Initiative For Tokenized Collateral & Stablecoins In Derivatives As revealed in a press release, Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham has enacted an initiative […]
The U.S. Commodity Futures Trading Commission (CFTC) is considering a plan that would allow tokenized assets, including stablecoins, to serve as collateral in derivatives markets. If approved, stablecoins like $USDC and $USDT would be treated as traditional collateral, like cash or US Treasurys in regulated derivatives markets. This is excellent news for Best Wallet and […]
The Commodity Futures Trading Commission (CFTC) has announced the next phase of the agency’s “Crypto Sprint” initiative, which aims to examine and implement recommendations from the White House. Related Reading: Crypto Demand On The Rise: Wealthy Asian Investors Seek To Increase Digital Assets Portfolio CFTC Launches New “Crypto Sprint” Phase On Thursday, CFTC acting chair […]
On Tuesday, Acting Chair Caroline Pham of the US Commodity Futures Trading Commission (CFTC) announced a significant initiative aimed at enhancing guidance on crypto regulation. This initiative involves seeking nominations for the newly formed CFTC CEO Innovation Council, with a submission deadline set for December 8. During her prepared remarks, Pham emphasized that the council […]
On Friday, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) unveiled a new joint initiative aimed at fostering a more robust regulatory environment for the crypto market. Central to this initiative is a bold proposal to enable traditional financial markets to operate around the clock, a move designed to […]