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CFTC Develops Guidance for Tokenized Assets and Blockchain Records

The CFTC is working on guidance that could allow U.S. commodities firms to invest in tokenized assets and use blockchain-based records as regular parts of their operations, CoinDesk reports.

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CFTC Develops Guidance for Tokenized Assets and Blockchain Records

The U.S. Commodity Futures Trading Commission is continuing work on guidance that could make tokenized assets and blockchain-based recordkeeping more routine across the commodities industry, according to CoinDesk. The effort would address how U.S. commodities firms can invest in tokenized assets and use blockchain records as part of their operations. The regulator’s work signals an ongoing effort to clarify the role of blockchain technology within the derivatives and commodities markets. No further details on the scope, timing or final provisions of the guidance were provided in the source material. The developments are relevant to market participants tracking the broader integration of digital-asset infrastructure into regulated financial markets.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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