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2026-08-13 13:49:44 UTC

npub1me…7t7dt on Nostr: 📰 SEC Issues No-Action Letter for Franklin Templeton On-Chain Government MMF ...

📰 SEC Issues No-Action Letter for Franklin Templeton On-Chain Government MMF
🗓️ Aug 12 2026 20:24 UTC - JH Kim

The US Securities and Exchange Commission has issued a no-action letter for Franklin Templeton’s on-chain government money market fund. James Seyffart

➤ The SEC has issued a no-action letter for Franklin Templeton's on-chain government money market fund.
➤ This allows registered funds to hold the on-chain fund, even if they don't fully meet existing custody rules.
➤ The fund invests in U.S. government securities and uses blockchain for ownership records, not cryptocurrencies.

#franklintempleton #sec #noactionletter #onchainfund #governmentmoneymarketfund #usgovernmentsecurities #custodyrules #investmentcompanyactof1940 #blockchaintechnology

🔗 Read more at: https://rwatimes.io/articles/en.bloomingbit-sec-issues-no-action-letter-for-franklin-templeton-on-chain-government-mmf-3691777633