CFTC Acting Chair Caroline Pham Clears Bitcoin, Ethereum, USDC For Use As Collateral In Derivatives Pilot
Posted On December 10, 2025
The CFTC has launched a limited pilot program that allows Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and USDC (CRYPTO: USDC) to be used as in-kind collateral for derivatives contracts denominated in the same assets.
What Happened: Speaking on CNBC’s Squawk Box on Wednesday, acting chair Caroline Pham explained that the pilot includes strict safeguards.
Only CFTC-registered intermediaries can …