The CFTC Proposes to Allow Stablecoins as Tokenized Collateral

BlockBeats News, November 9th, according to sources familiar with the matter, the Commodity Futures Trading Commission (CFTC) is developing a tokenized collateral policy expected to be introduced in early next year. This policy may allow stablecoins to be used as acceptable tokenized collateral in the derivatives market, possibly first piloted at a U.S. clearinghouse with stricter regulation, requiring more information disclosure such as position sizes, large traders and volumes, and more detailed operational event reporting.