Wu Blockchain has learned that Caroline Pham, Acting Chair of the US Commodity Futures Trading Commission (CFTC), has announced the launch of a digital asset collateral pilot program, allowing digital assets such as BTC, ETH, and USDC to be used as collateral in derivatives markets. At the same time, regulatory guidelines for tokenized collateral have been issued, and outdated regulations inconsistent with the "GENIUS Act" have been revoked. In the first three months following the launch of the pilot, acceptable collateral for FCMs will be limited to the three aforementioned asset types, with weekly disclosure of holdings and classifications required, and immediate reporting in the event of significant issues. In addition, the MPD has simultaneously revoked Virtual Currency Guidance Nos. 20-34, as the latest developments in digital assets and tokenized collateral have rendered their content obsolete.

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