CFTC Updates Crypto FAQs On Tokenized Funds
The Commodity Futures Trading Commissions Market Participants Division, Division of Market Oversight, and Division of Clearing and Risk released updates on September 24 to their frequently asked questions covering crypto asset and blockchain activities, the agency said in a press release on the CFTC website. The revisions clarify how registrants may invest customer funds in tokenized forms of permitted investments and how blockchain technology can be used to meet recordkeeping requirements. What the updated FAQs clarify The FAQs were first published on March 20, 2026, alongside the agency‘s tokenized collateral guidance. The update addresses the investment of customer funds in tokenized forms of permitted investments under CFTC Regulation 1.25, the rule that governs how futures commission merchants and derivatives clearing organizations may invest segregated customer funds. Under that rule, customer money may be placed only in a limited list of permitted investments, and the revised guidance explains how tokenized representations of those investments are treated. Staff also explain when blockchain or distributed ledger technologies can satisfy a registrant’s recordkeeping obligations. Clarity after the CLARITY Act stalled The update continues a run of CFTC crypto guidance since the Senate rejected the CLARITY Act on September 15. “I‘m pleased to see staff update these frequently asked








