The U.S. CFTC has approved the use of blockchain technology to manage trading collateral in the derivatives market

CoinVoice has recently learned that according to Cointelegraph, according to a report released by the Global Markets Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC) on November 21, the CFTC has approved the use of blockchain technology to manage trading collateral in the U.S. derivatives market.

The report said blockchain technology, including distributed ledgers and tokenization, could address long-standing challenges of traditional derivatives exchanges and expand the types of assets that can be used for collateral trading. [Original link]