JUST IN: The CFTC just updated its crypto guidance, and it's bigger than it sounds đ
Futures brokers and clearinghouses can now:
đč Invest customer funds in tokenized versions of assets they already trade (like tokenized money market funds)
đč Keep their official regulatory records entirely on a blockchain, with no more offchain paper trail required
CFTC Chairman Mike Selig called it part of the agency's ongoing push to bring "regulatory clarity" to the crypto industry. đ
#crypto
#Write2Earn
Futures brokers and clearinghouses can now:
đč Invest customer funds in tokenized versions of assets they already trade (like tokenized money market funds)
đč Keep their official regulatory records entirely on a blockchain, with no more offchain paper trail required
CFTC Chairman Mike Selig called it part of the agency's ongoing push to bring "regulatory clarity" to the crypto industry. đ
#crypto
#Write2Earn
