Foresight News
Foresight News|Dec 09, 2025 01:19
[US CFTC Launches Digital Asset Pilot Program, Allowing Bitcoin, ETH, and USDC as Collateral in Derivatives Markets] According to Foresight News, citing The Block, the Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham, announced the launch of a 'Digital Asset Pilot Program,' which allows specific cryptocurrencies to be used as collateral in derivatives markets. In the initial phase of the pilot program, it will be limited to Bitcoin, ETH, and the stablecoin USDC. Caroline Pham stated that futures commission merchants (FCMs) participating in the crypto collateral program will be required to report the total amount of digital assets held in customer accounts weekly, including futures and cleared swaps, and report any significant operational or system issues affecting digital asset collateral.
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