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The regulator is letting derivatives markets explore the usage of BTC, ETH, and USDC as tokenized collateral.
The Commodity Futures Trading Commission (CFTC) is forging ahead with its highly publicized “Crypto Sprint.” The Genius Act has facilitated a pilot program that will allow derivatives markets to explore the use of key digital assets, such as Bitcoin (BTC), Ethereum (ETH), and the USD Coin stablecoin (USDC), as collateral, according to Caroline D. Pham,...
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