The Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing and Risk has decided to withdraw Staff Advisory No. 23-07. This advisory, concerning the review of risks associated with the expansion of derivatives clearing organizations (DCO) clearing digital assets, was withdrawn effective immediately.
The decision to retract the advisory was made to underscore that the regulatory approach towards digital asset derivatives will not differ from the treatment of other financial products, as stated in the withdrawal letter.
The CFTC’s office is located at Three Lafayette Centre, 1155 21st Street, NW, in Washington, D.C.
