Coinhuiz reported that Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on the X platform stating that the regulatory agency has released frequently asked questions (FAQ) regarding crypto assets and blockchain-related business activities, further clarifying compliance guidance for registered institutions and trading entities. Coinhuiz reported that the content involves questions surrounding tokenized collateral and digital assets as margin, supplementing explanations of two previously issued staff letters (tokenized custody guidance and digital asset margin no-action relief guidance), providing market participants with a clearer operational framework. Michael Selig added that as "Project Crypto" becomes a joint initiative coordinated with the U.S. Securities and Exchange Commission (SEC), it represents an important step in promoting clarity and uniformity of crypto regulatory rules.

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