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CFTC advances guidance embracing tokenization and blockchain recordkeeping

Reported · Written up by our desk · Regulation

CoinDesk reports the U.S. derivatives regulator, the CFTC, is continuing work on additional guidance that explicitly welcomes tokenization and the use of blockchain-based recordkeeping as routine industry practices.

According to CoinDesk, the guidance is aimed at giving commodities firms clarity on how tokenized assets and blockchain records can fit into existing regulatory expectations.

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Sources

CoinDeskU.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC

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