Acting CFTC Chair Caroline Pham has announced new guidance on tokenized collateral and withdrew outdated restrictions on Monday.<\/p>\n
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
\u201cToday\u2019s announcement marks a significant milestone in the expanded adoption of digital assets in regulated markets with appropriate guardrails,\u201d the Commission stated<\/a>.<\/p>\n The program will protect Americans under US rules when they use CFTC brokers to keep crypto safe, Pham said.<\/p>\n I\u2019m launching a digital assets pilot program for BTC, ETH and USDC that will protect Americans under U.S. rules when you use @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 Our new guidance will enable tokenized markets, and we\u2019re cutting red tape that is outdated.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 \u2014 Caroline D. Pham (@CarolineDPham) December 8, 2025<\/a><\/p>\n\n 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 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 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the Commission withdrew Advisory 20-34, which had restricted the use of cryptocurrency as collateral, deeming it outdated given recent developments and new legislation, such as the passage<\/a> of the GENIUS Act.<\/p>\n \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 \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 \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 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 Bitcoin and Ether can now serve as collateral in CFTC-regulated derivatives markets, 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 \u201cThis is a huge unlock for financial innovation within the US,\u201d said<\/a> Coinbase Institutional, which has predicted<\/a> a December reversal.<\/p>\n 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 There was little reaction on spot markets, however, with BTC and ETH remaining at yesterday\u2019s levels and at resistance.<\/p>\n The post CFTC Launches Digital Assets Program for Tokenized Crypto Collateral in Derivatives<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" 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 […]<\/p>\n","protected":false},"author":0,"featured_media":118909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118908"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118908"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118909"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Crypto Collateral in Derivatives Markets<\/h2>\n
Bullish For BTC and ETH<\/h2>\n