CFTC’s Digital Assets Pilot Program: Crypto Payroll Compliance Insights
The CFTC just launched its Digital Assets Pilot Program, and wow, does it change the game for crypto payroll. Now, businesses can fund payroll with USDC and even use Bitcoin (BTC) and Ether (ETH) as collateral in U.S. derivatives markets. This isn’t just a footnote; it could reshape how startups approach crypto contractor payment.
The CFTC’s Launch: What It Means for Crypto Payroll
With the new program, companies like Coinbase and Circle are allowed to use tokenized assets for futures and swaps trading. This means businesses can pay their people in stablecoins, and this is a big deal. Up until now, stablecoins have been a bit of a wild card in the financial system, but this move could help them become more mainstream.
The CFTC’s…
