CoinDesk(@CoinDesk):NEW: The @SECGov's Division of Investment Management issues a no-action letter to @FTI_US, allowing its registered funds to use its on-chain money market fund $FOBXX to manage cash and collateral via blockchain rather than legacy custody rules.

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@CoinDesk

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CoinDesk@CoinDesk

8hours ago

NEW: The @SECGov's Division of Investment Management issues a no-action letter to @FTI_US, allowing its registered funds to use its on-chain money market fund $FOBXX to manage cash and collateral via blockchain rather than legacy custody rules.

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