United States of America: Commodity Futures Trading Commission framework for tokenized collateral and stablecoins in derivates markets

Progress

Current status
processing consultation
20 Oct 2025 processing consultation
23 Sep 2025 in consultation

Scope

Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

20 Oct 2025
processing consultation

Commodity Futures Trading Commission closes consultation on tokenized collateral and stablecoins in derivates markets

On 20 October 2025, the Commodity Futures Trading Commission (CFTC) closes the consultation on the use of tokenised collateral, including stablecoins, in derivatives markets. The consultation sought feedback on potential digital asset pilot programm…

Source
Event type inquiry
Action type consultation closed
Government branch executive
Government body other regulatory body
23 Sep 2025
in consultation

Commodity Futures Trading Commission opened consultation on tokenized collateral and stablecoins

On 23 September 2025, the U.S. Commodity Futures Trading Commission (CFTC) opened a consultation on the use of tokenised collateral, including stablecoins, in derivatives markets, until 20 October 2025. The consultation invites stakeholders to submi…

Source
Event type inquiry
Action type consultation opened
Government branch executive
Government body other regulatory body