SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral

AI Summary The relief lets Franklin Templeton’s registered funds hold FOBXX through an affiliated blockchain-integrated system, subject to 12 custody and control conditions. fulltext: 162 chars | fulltext source: rss-fallback | summary method: extractive Original: https://thedefiant.io/converge/tradfi-and-fintech/sec-staff-clears-franklin-funds-to-use-onchain-money-fund-for-cash-and-collateral Source: The Defiant