PANews reported on November 9th that, according to CoinDesk, the US Congress has been trying to grant the Commodity Futures Trading Commission (CFTC) greater direct jurisdiction over the cryptocurrency spot market. Sources familiar with the matter revealed that the CFTC is developing a tokenized collateral policy, expected to be released early next year. This policy may allow the use of stablecoins as acceptable tokenized collateral in the derivatives market. It may first be piloted in US clearinghouses and will implement stricter regulations, requiring disclosure of more information, such as position sizes, large traders and trading volumes, as well as more detailed reporting of operational events.