The CFTC just authorized Bitcoin, ETH, USDC only for US leverage, leaving XRP, SOL stranded in risky limbo

The United States has signaled a clear distinction between crypto assets suitable for trading and those best suited for use as collateral in the derivatives markets. On Dec 8, the Commodity Futures Trading Commission (CFTC) authorized Futures Commission Merchants (FCMs) to accept Bitcoin, Ethereum, and USDC as eligible margin under a digital assets pilot program. source: https://cryptoslate.com/bitcoin-and-usdc-just-gained-elite-regulatory-status-leaving-xrp-eth-and-sol-stranded-in-risky-offshore-limbo/