CFTC updates guidance on tokenized assets, blockchain records after failed vote

Futures firms and other relevant entities are the immediate audience for the update, because the guidance speaks to customer funds in tokenized assets and to recordkeeping under federal requirements. That means the people handling those accounts and records now have a CFTC notice that names tokenized holdings and blockchain-based recordkeeping in the same framework.

In practice, the update makes blockchain and distributed-ledger systems part of the compliance path for federal recordkeeping, while keeping the focus on assets that are already legally permitted. It does not change which customer investments are covered; it changes how records for those permitted activities can be kept. (per tokenpost.com)