🚨NEW: @CFTC Acting Chair @CarolineDPham just announced the launch of a pilot program that will allow $BTC, $ETH and $USDC to be used as collateral in U.S. derivatives markets along with new guidance on how tokenized assets, including Treasuries and money market funds, can be used as collateral. Per the release, the pilot starts with a three-month phase where Futures Commission Merchants (FCMs) can only accept the aforementioned tokens and must provide weekly reports to the CFTC for close monitoring.
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