US CFTC Chairman: Crypto Assets and Blockchain Business FAQ Released to Strengthen Consistency of Regulatory Rules
Odaily reported that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated on the X platform that the regulatory agency has released a Frequently Asked Questions (FAQ) document regarding crypto assets and blockchain-related businesses, further clarifying compliance guidelines for registered institutions and trading entities. It is reported that the content covers issues such as tokenized collateral and digital assets used as margin, providing additional explanations to two previously issued staff letters (guidance on tokenized custody and no-action relief for digital asset margin), offering market participants a clearer operational framework. Mike Selig added that as "Project Crypto" becomes a joint initiative, maintaining alignment with the U.S. Securities and Exchange Commission (SEC) is also an important step toward clarifying and unifying crypto regulatory rules.
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