CFTC FAQ Details Digital Asset Collateral for Derivatives; Aligns with SEC Guidance
CFTC staff has published a new FAQ outlining how crypto firms can leverage digital assets as derivatives collateral. This guidance aims to align the CFTC's regulatory framework with the recent SEC haircut guidance. Key details include a 20% charge for Bitcoin and Ether, and a 2% charge for payment stablecoins when employed as collateral. This move provides important clarity for firms engaged in the derivatives market, reflecting a step towards harmonized regulatory standards for digital assets among major U.S. financial regulators.
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