United States of America: Commodity Futures Trading Commission opened consultation on tokenized collateral and stablecoins
Description
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 submit feedback on potential digital asset pilot programmes, amendments to collateral management regulations, and industry efforts to implement tokenised non-cash collateral.
Original sourceScope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body