The US CFTC has approved the use of blockchain technology to manage trading collateral in derivatives markets

The US Commodity Futures Trading Commission (CFTC) has approved the use of blockchain technology to manage trading collateral in the US derivatives market, according to a report released on November 21 by its Global Markets Advisory Committee. Blockchain technology, including distributed ledgers and tokenization, can solve long-standing challenges for traditional derivatives exchanges and expand the variety of assets available for collateral trading, the report said.