CFTC Greenlights Bitcoin, Ether as Derivatives Collateral in Landmark Pilot Program

Innovate NY. Photo by BeInCrypto The US Commodity Futures Trading Commission (CFTC) launched a digital assets pilot program on December 8, permitting bitcoin, ether, and USDC as margin collateral in derivatives markets—a move industry leaders are calling a watershed moment for crypto adoption. Acting Chairman Caroline D. Pham announced the initiative alongside new guidance on tokenized collateral and the withdrawal of Staff Advisory 20-34, a 2020 directive that had restricted the use of virtual currency i ...