CFTC Authorizes Bitcoin, Ethereum, and USDC for U.S. Leverage Trading

The CFTC (U.S. derivatives regulator) has approved only Bitcoin, Ethereum, and USDC for leveraged trading in the United States, excluding XRP and Solana from the permitted list.

BTC
ETH
SOL

Summary

No Summary provided as the original text is short

Terms & Concepts
  • CFTC: The Commodity Futures Trading Commission, a U.S. regulatory agency overseeing derivatives markets including futures, options, and certain cryptocurrency products.
  • Leverage Trading: A trading strategy that uses borrowed funds to increase investment exposure, potentially amplifying both gains and losses.
  • USDC: USD Coin, a stablecoin pegged to the U.S. dollar, used for digital transactions and trading.