# FCM Related Articles

CFTC Updates Payment Stablecoin Criteria To Recognize National Trust Banks – Details

The US Commodity Futures Trading Commission (CFTC) has updated its guidance to allow payment stablecoins issued by national trust banks to be used as eligible margin collateral. This amendment to CFTC Staff Letter 25-40 expands the list of approved stablecoin issuers beyond state-regulated entities to include federally chartered national trust banks. The move aligns with former President Trump’s pro-crypto policies and aims to strengthen the U.S. position in stablecoin innovation. CFTC Chairman Michael S. Selig praised the decision, highlighting America's growing leadership in the sector. The update follows increased efforts by crypto firms like Anchorage Digital, Coinbase, and Circle to obtain national bank charters and integrate digital assets into the regulated financial system.

bitcoinist02/08 15:02