US SEC and CFTC update frequently asked questions about cryptocurrencies, relax investment requirements for tokenized assets

The Corporate Banking Department of the US Securities and Exchange Commission has updated its FAQ, clarifying that token buybacks, network upgrades, and marketing statements do not automatically convert cryptocurrency assets into securities. The Commodity Futures Trading Commission has updated its encryption FAQ, allowing futures companies and clearing houses to invest customer funds in tokenized assets, and allowing regulated companies to use blockchain for record keeping.