The US Commodity Futures Trading Commission (CFTC) launched a digital assets pilot program on December 8, permitting bitcoin, ether, and USDC as margin collateral in derivatives markets—a move industry leaders are calling a watershed moment for crypto adoption. Acting Chairman Caroline D. Pham announced the initiative alongside new guidance on tokenized collateral and the withdrawal of Staff Advisory 20-34, a 2020 directive that had restricted the use of virtual currency in segregated accounts. Pilot Program Sets Three-Month Trial With Strict Reporting and Risk Standards The announcement follows the passage of the GENIUS Act, which establishes a federal framework for payment stablecoins
source: https://beincrypto.com/cftc-bitcoin-ether-derivatives-collateral/