CFTC updates FAQ on tokenized client funds and blockchain recordkeeping
- —FAQ updated by the MPD, DMO and DCR divisions on the 24th
- —Document first published March 20 and tied to letters 25-39 and 26-05
- —FAQ creates no new rules and does not amend existing regulations
- —CFTC Chair Selig called the update a step toward regulatory clarity for crypto
Why it matters: The guidance reduces uncertainty for registered firms using tokenization and blockchain in their operations.
Source: TokenPost