The CFTC crypto collateral approval impact marks a watershed moment as the agency introduced a pilot program allowing Bitcoin, Ethereum, and USDC to serve as collateral for regulated US derivatives—the first time digital assets have received this status. Key Insights The CFTC has just introduced a pilot that lets BTC, ETH and USDC serve as collateral for regulated derivatives. Futures commission merchants must follow tight custody and reporting rules during the first phase. The updated guidance replaces older restrictions and opens a wider path for tokenized assets
source: https://voiceofcrypto.online/crypto-news/cftc-approves-tokenized-assets-as-collateral-for-us-derivatives-trading