16/03/2026
U.S. federal banking regulators the Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) issued joint guidance on 5 March 2026 clarifying the capital treatment of tokenized securities. The agencies stated that securities whose ownership is represented using distributed ledger technology (DLT) will generally receive the same capital treatment as their non-tokenized equivalents under existing bank capital rules.
The guidance states that the capital framework is technology neutral and that the technology used to issue or transact in a security does not generally affect its capital treatment. The agencies clarified that an eligible tokenized security should be treated in the same manner as the non-tokenized form of the security under the capital rule, while banks must continue to apply appropriate risk management practices and comply with applicable laws and regulations.
Source
https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260305a.htm
Tokenization DigitalAssets BankingRegulation FinancialRegulation
