U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC
Summary
The CFTC issued updated guidance allowing regulated firms to use tokenized versions of eligible assets for customer funds, provided holders receive rights equivalent to those of traditional asset holders and the assets are properly held. The agency also said firms may use blockchains as official records to meet recordkeeping requirements. Private networks may not require offchain copies; firms using public, permissionless blockchains should be able to retain and produce records during outages or disruptions. The guidance comes as Congress has stalled on the Digital Asset Market Clarity Act, leaving a gap in U.S. oversight of crypto spot markets.
