
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
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