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CFTC Updates Guidance on Tokenized Assets and Blockchain Records

The CFTC updated guidance on tokenized assets and blockchain records for authorized crypto entities. Its chair said the goal was “to provide regulatory clarity,” while not linking the move to the failed CLARITY Act vote.

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CFTC Updates Guidance on Tokenized Assets and Blockchain Records

The Commodity Futures Trading Commission has updated guidance covering tokenized assets and blockchain-based records for authorized crypto entities, according to Cointelegraph. The agency’s chair said the move was intended “to provide regulatory clarity.” The chair did not say that the failed vote on the CLARITY Act prompted the updated rules. The development is relevant to crypto assets and projects associated with tokenization, blockchain infrastructure, and digital-asset markets, including ALT, AIN, MOVE, NOT, PRO, and ASSET. The available information does not specify the individual provisions in the updated guidance or describe any immediate market reaction. It also does not establish a direct effect on the listed assets. Market participants may therefore view the update primarily as a regulatory development affecting authorized crypto entities, rather than as a confirmed catalyst for any particular token.

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