Regulation· ★★★★· bullish·

CFTC Says U.S. Firms Can Invest Customer Funds in Tokenized Assets, Use Blockchain Records

  • —Customer funds may be invested in tokenized forms of already-permitted assets
  • —Tokens must grant rights equivalent to those of the traditional asset
  • —Blockchain records are deemed sufficient to meet recordkeeping obligations
  • —Firms using public chains must retain access to records during network disruptions
Why it matters: The guidance expands the legal footing for tokenization as the CLARITY Act stalls in Congress, reducing regulatory uncertainty for institutional players.
Source: CoinDesk