CFTC lets commodities firms invest in tokenized assets, use blockchain records
The U.S. Commodity Futures Trading Commission issued updated guidance clarifying that commodities firms may invest in tokenized assets and use blockchain records to meet recordkeeping requirements, treating the two practices as standard industry elements. The guidance is the latest in the agency's push to provide clearer regulatory treatment for tokenized holdings and distributed-ledger recordkeeping, aligning with the SEC's parallel proposal recognizing blockchain as a valid record of securities transactions.
Sources
- U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTCcoindesk.com ↗
- NEW: CFTC staff updated its crypto FAQs to address customer funds invested in tokenized assets and the use of blockchain technology to satisfy recordkeeping requirements. Chairman Michael Selig says the changes are part of the agency’s efforts to provide “regulatory clarity for https://t.co/yu3kDUw0sex.com ↗
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