Galaxy Acquires $100M sUSDS for Treasury
Galaxy has added $100 million of Sky Protocol’s sUSDS to its corporate treasury and approved it as collateral for institutional trading, enhancing their DeFi integration. #Breaking #Crypto #Stablecoin
collateral
SEC Sets Tokenized Collateral Standards
The CFTC issued guidance for derivatives clearing organizations on handling tokenized collateral, focusing on risk controls for tokenized U.S. Treasuries as margin. #Update #Legal
Bitcoin and Ethereum Approved as Derivatives Collateral
@CFTC announces a pilot program allowing Bitcoin ($BTC), Ethereum ($ETH), and USD Coin ($USDC) as collateral in US derivatives markets, enhancing regulatory clarity and customer protection #Update #Legal $BTC
CFTC Approves Stablecoins for Tokenized Collateral
The U.S. Commodity Futures Trading Commission, led by acting chief Caroline Pham, is seeking industry input on using stablecoins as tokenized collateral in derivatives markets until October 20. #Update #Crypto $USDC