CFTC updates guidance on tokenized assets, blockchain records after failed vote
Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“
Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“
The US Commodity Futures Trading Commission (CFTC) has updated its guidance on tokenized assets and using blockchain technology for recordkeeping.
In a Thursday notice, the CFTC said that it had updated information under its frequently asked questions on registered crypto-related entities.
CFTC Chair Michael Selig said that the changes were part of efforts “to provide regulatory clarity for the crypto industry.”