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Bitcoin and Ethereum cleared as collateral under new CFTC program Ambcrypto 2 hours ago

Bitcoin and Ethereum cleared as collateral under new CFTC program ⚖️

The Commodity Futures Trading Commission (CFTC) has granted approval for a pilot program that allows regulated firms to use digital assets such as Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) as collateral in derivatives trading.

This move signifies a significant step in integrating cryptocurrency assets into traditional financial markets, providing more options for firms in managing trading risks.

Source: ambcrypto.com ↗