Summary of CFTC reportedly mulling accepting digital assets as trading collateral
Summary of CFTC reportedly mulling accepting digital assets as trading collateral
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The source article:
The proposal, which was recently voted on by a subcommittee of the Commodity Futures Trading Commission's Global Markets Advisory Committee, could allow traders to settle transactions using digital assets as collateral with the same speed and ease as similar digital ledger and blockchain-based transactions.
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The source article:
quoting nevent1q…y4u5CFTC reportedly mulling accepting digital assets as trading collateral
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/0192536b-636c-7255-8661-59ee59c8f1fd
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market.
https://cointelegraph.com/news/cftc-reportedly-mulling-accepting-digital-assets-trading-collateral
The proposal, which was recently voted on by a subcommittee of the Commodity Futures Trading Commission's Global Markets Advisory Committee, could allow traders to settle transactions using digital assets as collateral with the same speed and ease as similar digital ledger and blockchain-based transactions.