United States of America: Commodity Futures Trading Commission closes consultation on tokenized collateral and stablecoins in derivates markets
Description
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 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