US CFTC Updates Crypto FAQ to Enhance Regulatory Clarity

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Staff at the U.S. Commodity Futures Trading Commission updated a frequently asked questions document related to digital assets, the agency said.

The CFTC said on Sept. 24 the update includes guidance on customer funds invested in asset tokens and on how recordkeeping requirements can be met using blockchain technology.

CFTC Commissioner Mike Selig described the move as part of an effort to provide regulatory clarity for the digital-asset industry.

The revised FAQ explains how relevant rules apply to market participants using digital assets and blockchain technology.