According to CoinMeta, CFTC has updated its frequently asked questions regarding cryptocurrency to allow U.S. brokers to invest client funds in tokenized assets and to keep records on the blockchain. In terms of tokenized investments, brokers and clearinghouses can invest in approved investments in their tokenized form that have the same legal rights, including tokenized government money market funds, with written confirmation from a custodian. Swap traders can now use tokenized money market fund shares as collateral for uncleared swaps. Regarding blockchain records, brokers, exchanges, and clearinghouses can use the blockchain to meet record-keeping requirements, and companies can keep records solely on the chain without the need for offline copies. Nevertheless, companies on public blockchains still need to be able to provide records in the event of network failures. It's important to note that cryptocurrencies, including stablecoins, cannot still be used as collateral for uncleared swaps. This update stems from inquiries from DYDX, the Blockchain Association, and the Solana Policy Institute.