Statement of DSIO Director Joshua B. Sterling on Supporting Innovation in Digital Asset Products, including Pooled Investment Vehicles

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The CFTC DSIO Division Director issued a statement reminding the industry that pooled investment vehicles that trade futures, swaps, and other commodity interests that reference digital assets like Bitcoin and stablecoins are commodity pools under the Commodity Exchange Act and CFTC regulations, and the operators of such vehicles must register as commodity pool operator(s) (CPOs), unless they meet an exemption, and must comply with certain disclosure, recordkeeping, and reporting requirements.  He also noted the Division supports responsible innovation and offers to meet with industry participants and registrants to discuss novel product ideas.

Click here to read the statement in full.

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