The post CFTC Unveils Pilot Program for Digital Assets in Derivatives Market appeared on BitcoinEthereumNews.com.

Key Points: CFTC launches Digital Assets Pilot Program, led by Caroline Pham. BTC, ETH, USDC approved as derivatives market collateral. Program enhances digital asset integration in regulated finance. Caroline Pham, acting chairman of the CFTC, announced a Digital Asset Pilot Program allowing BTC, ETH, and USDC as collateral in U.S. derivatives markets. This initiative is significant for integrating digital assets into regulated markets, potentially influencing market dynamics and gaining institutional support, as evidenced by endorsements from entities like Coinbase. CFTC Facilitates Crypto in Derivatives with New Initiative The Digital Asset Pilot Program is a regulatory effort initiated by Acting Chairman Caroline Pham to allow Bitcoin, Ethereum, and USD Coin to be used as collateral in U.S. regulated derivatives markets. Centered around these digital assets, the initiative is executed under a controlled pilot framework through a CFTC no-action letter. By introducing these assets as collateral, the CFTC aims to establish clear guardrails to protect customer assets, enhancing oversight and monitoring. The program’s framework explicitly permits Futures Commission Merchants to accept the specified digital assets as customer margin collateral, marking a paradigm shift towards greater adoption. Weekly reporting obligations ensure transparency, and securities won’t be used, emphasizing stability and compliance for three months. The regulatory permission granted highlights a new finance milestone, promising more inclusive financial products. “Today, I am launching a U.S. digital assets pilot program for tokenized collateral, including bitcoin and ether, in our derivatives markets that establishes clear guardrails to protect customer assets and provides enhanced CFTC monitoring and reporting.” — Caroline D. Pham, Acting Chairman, CFTC Industry leaders have expressed positive reactions to the pilot. Paul Grewal, Chief Legal Officer at Coinbase, stated, “The CFTC’s decision confirms that digital assets can make payments faster and cheaper.” He added, “We applaud the swift recognition of tokenized innovation.” This sentiment…

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Filed under: News - @ December 9, 2025 12:26 am