Bitcoin Gets Historic Regulatory Greenlight—So Why’s BTC Stuck At $90,000?
The Commodity Futures Trading Commission on Monday launched a first-of-its-kind U.S. program, enabling approved futures commission merchants to accept Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and payment stablecoins such as USDC as collateral for futures and swaps.
CFTC Approves Bitcoin, Ether And Stablecoins As Margin Collateral
The announcement was made by Acting Chair Caroline Pham.
Pham said the program provides “clear guardrails” for tokenized collateral and expands oversight of customer asset protection.
Approved firms must follow strict custody and reporting rules, including weekly disclosures during the first three months.
The agency also issued updated guidance for tokenized real-world assets such as U.S. Treasuries and withdrew a 2020 advisory that had restricted the use of digital assets as collateral.
The move follows the GENIUS Act, which overhauled federal treatment of tokenized assets and enabled new …