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The Commodity Futures Trading Commission (CFTC) is considering allowing the use of digital assets as collateral for trading commodities and derivatives.  This is what was revealed a couple of days ago by Bloomberg in an article.  The new initiative of the CFTC on digital assets and derivative trading The Commodity Futures Trading Commission is the U.S. agency that oversees the commodity and futures market.  In the USA, there are two different agencies that oversee the financial markets, the CFTC for commodities and the SEC for securities.  The principali asset digitali sono considerati commodity, anche se la SEC non è d’accordo, e così in teoria ricadono sotto la supervisione della CFTC.  In December 2017, the CFTC was the first U.S. agency to authorize the issuance of derivative products on Bitcoin on traditional exchanges, namely the futures on the price of Bitcoin at the CME in Chicago. Now the agency seems ready for a further move in favor of digital assets, as reported by Bloomberg, the approval of the use of digital assets as collateral could be approved by the end of this year. Digital assets Technically, digital assets refer to all those assets that are natively digital and physically reside on a blockchain or a distributed ledger.  From a practical point of view, however, it mainly refers to cryptocurrencies and tokens, and only to a lesser extent to NFTs, given that theirs is still a limited market. However, the expression digital assets is used, and not cryptocurrencies, both because the definition of digital assets also includes tokens, in addition to the native cryptocurrencies of the various chains, and precisely because it also includes NFTs.  For example, if the market for RWA (Real World Asset) tokens finally takes off, these could largely be NFTs, or similar tokens, and RWA tokens are technically…

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Filed under: News - @ October 4, 2024 9:24 am