Client funds can be invested in tokenized assets, CFTC allows futures commission merchants to maintain regulatory records via blockchain

Odaily News: On September 24, three divisions of the CFTC updated their crypto asset FAQ, allowing futures commission merchants to invest customer funds in permitted tokenized assets, provided that the asset grants holders the same or functionally equivalent legal and economic rights as traditional forms and is held at a compliant depository institution. Regulatory records may be maintained via blockchain without the need for a separate off-chain copy; payment stablecoins still may not be used as an investment target for customer funds. This guidance constitutes staff opinion and does not have the force of law.