Saw Odaily (CoinDesk): CFTC added another set of crypto guidance on Thursday—can futures firms and clearinghouses invest customer funds in tokenized assets, and can they use blockchain for formal recordkeeping? The guidance is clearer now.
Two solid points: First, traditional assets are already allowed investment targets, and tokenized versions in principle can also be used to invest customer funds, as long as the legal and economic rights line up with the traditional form, and custody is in place. Second, regulators can meet recordkeeping obligations using blockchain or distributed ledgers. A private chain may not even need an additional off-chain backup copy, while a public chain needs backup and arrangements that still allow records to be provided to regulators in the event of failures.
Chair Mike Selig said this is ongoing work to give the industry more clarity. After the Clarity Act didn’t pass in the Senate, the CFTC is moving forward on tokenization and on-chain recordkeeping by relying on existing interpretations and new rules.
#加密监管 #CFTC #tokenization
Two solid points: First, traditional assets are already allowed investment targets, and tokenized versions in principle can also be used to invest customer funds, as long as the legal and economic rights line up with the traditional form, and custody is in place. Second, regulators can meet recordkeeping obligations using blockchain or distributed ledgers. A private chain may not even need an additional off-chain backup copy, while a public chain needs backup and arrangements that still allow records to be provided to regulators in the event of failures.
Chair Mike Selig said this is ongoing work to give the industry more clarity. After the Clarity Act didn’t pass in the Senate, the CFTC is moving forward on tokenization and on-chain recordkeeping by relying on existing interpretations and new rules.
#加密监管 #CFTC #tokenization
