{"id":62578,"date":"2025-12-09T08:31:54","date_gmt":"2025-12-09T08:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=62578"},"modified":"2025-12-09T08:31:54","modified_gmt":"2025-12-09T08:31:54","slug":"cftc-launches-digital-assets-program-for-tokenized-crypto-collateral-in-derivatives","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=62578","title":{"rendered":"CFTC Launches Digital Assets Program for Tokenized Crypto Collateral in Derivatives"},"content":{"rendered":"<div>\n<p>Acting CFTC Chair Caroline Pham has announced new guidance on tokenized collateral and withdrew outdated restrictions on Monday.<\/p>\n<p>The launch of a digital assets pilot program for certain cryptocurrencies, including Bitcoin, Ether, and USDC, would enable them to be used as collateral in derivatives markets.<\/p>\n<p>\u201cToday\u2019s announcement marks a significant milestone in the expanded adoption of digital assets in regulated markets with appropriate guardrails,\u201d the Commission <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9146-25\">stated<\/a>.<\/p>\n<p>The program will protect Americans under US rules when they use CFTC brokers to keep crypto safe, Pham said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I\u2019m launching a digital assets pilot program for BTC, ETH and USDC that will protect Americans under U.S. rules when you use <a href=\"https:\/\/twitter.com\/CFTC?ref_src=twsrc%5Etfw\">@CFTC<\/a> brokers to keep your crypto safe. Our new guidance will enable tokenized markets, and we\u2019re cutting red tape that is outdated. Onwards!\u2026<\/p>\n<p>\u2014 Caroline D. Pham (@CarolineDPham) <a href=\"https:\/\/twitter.com\/CarolineDPham\/status\/1998147216566059252?ref_src=twsrc%5Etfw\">December 8, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Crypto Collateral in Derivatives Markets<\/h2>\n<p>Under the pilot program, Futures Commission Merchants (FCMs) can now accept BTC, ETH, and USDC as customer margin collateral for the initial three-month period, with CFTC monitoring.<\/p>\n<p>The CFTC also clarified that the regulations are technology-neutral and apply to tokenized real-world assets such as US Treasuries and money market funds, covering segregation, custody, valuation, and operational risks.<\/p>\n<p>Additionally, the Commission withdrew Advisory 20-34, which had restricted the use of cryptocurrency as collateral, deeming it outdated given recent developments and new legislation, such as the <a href=\"https:\/\/cryptopotato.com\/genius-act-clears-senate-setting-the-stage-for-stablecoin-oversight\/\">passage<\/a> of the GENIUS Act.<\/p>\n<p>\u201cUnder my leadership this year, the CFTC has led the way forward into America\u2019s Golden Age of Innovation and Crypto,\u201d said Pham.<\/p>\n<blockquote>\n<p>\u201cThis imperative has never been more important, given recent customer losses on non-US crypto exchanges. Americans deserve safe US markets as an alternative to offshore platforms, and that\u2019s why last week I announced that spot crypto can now be traded on CFTC-registered exchanges.\u201d<\/p>\n<\/blockquote>\n<p>\u201cThe CFTC\u2019s decision confirms what the crypto industry has long known: That stablecoins and digital assets can make payments faster, cheaper, and reduce risk,\u201d commented Coinbase Chief Legal Officer Paul Grewal.<\/p>\n<p>Industry leaders from Circle, Crypto.com, and Ripple also praised the move as providing regulatory clarity and enabling 24\/7 trading, faster settlements, and reduced risk in US derivatives markets.<\/p>\n<h2>Bullish For BTC and ETH<\/h2>\n<p>Bitcoin and Ether can now serve as collateral in CFTC-regulated derivatives markets, <a href=\"https:\/\/cryptopotato.com\/sec-and-cftc-unite-green-light-for-crypto-on-the-worlds-biggest-venues\/\">creating<\/a> new use cases that extend beyond simply holding or trading. This means traders and institutions need to hold the assets to use them as margin, potentially increasing demand.<\/p>\n<blockquote>\n<p>\u201cThis is a huge unlock for financial innovation within the US,\u201d <a href=\"https:\/\/x.com\/CoinbaseInsto\/status\/1998163322420818108\">said<\/a> Coinbase Institutional, which has <a href=\"https:\/\/cryptopotato.com\/coinbase-institutional-sees-december-reversal-despite-bitcoins-brutal-november\/\">predicted<\/a> a December reversal.<\/p>\n<\/blockquote>\n<p>The CFTC is also essentially legitimizing BTC and ETH for institutional use in traditional finance, making it easier for large financial players to integrate cryptocurrency into their operations.<\/p>\n<p>There was little reaction on spot markets, however, with BTC and ETH remaining at yesterday\u2019s levels and at resistance.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/cftc-launches-digital-assets-program-for-tokenized-crypto-collateral-in-derivatives\/\">CFTC Launches Digital Assets Program for Tokenized Crypto Collateral in Derivatives<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Acting CFTC Chair Caroline Pham has announced new guidance on tokenized collateral and withdrew outdated restrictions on Monday. The launch of a digital assets pilot program for certain cryptocurrencies, including Bitcoin, Ether, and USDC, would enable them to be used as collateral in derivatives markets. \u201cToday\u2019s announcement marks a significant milestone in the expanded adoption [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-62578","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62578"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62578\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}