CFTC Clarifies Rules for Tokenized Assets and Blockchain Records

The U.S. Commodity Futures Trading Commission (CFTC) has updated its guidance for financial intermediaries, allowing them to hold client funds in tokenized versions of authorized investments and use blockchain technology for record-keeping. The regulator emphasized that these assets must maintain the same legal and economic rights as their traditional counterparts. This update does not grant blanket eligibility for cryptocurrencies like Bitcoin or Ethereum, but rather ensures that existing authorized investments do not lose their status when tokenized, such as U.S. Treasury securities represented on a blockchain.