Forward Industries Releases Digital Asset Treasury Framework to Address SEC Concerns
Forward Industries has published a Digital Asset Treasury Framework that categorizes on-chain treasuries into three tiers based on the level of management authority exercised: Type I (Use) for code-based tools, Type II (Follow) for automated strategy mirroring, and Type III (Advisor) for active management. The framework suggests collaborative oversight between the SEC and CFTC to manage mixed-asset holdings and proposes mandatory industry standards, including public smart contract audits, anti-fraud measures, and strict disclosure of related-party transactions. This initiative aims to bridge the gap between DeFi operations and traditional securities regulation.
Summaries are written by AI from the original article. Not investment advice.