The U.S. Commodity Futures Trading Commission (CFTC) is warning companies to be cautious and take action to mitigate risks when clearing digital asset transactions. The CFTC's Division of Clearing and Risk has issued an advisory in response to an increase in supervised entities clearing such trades, with a focus on emerging risks in the crypto industry. These risks include potential conflicts of interest, cyber threats, and managing physical delivery of digital assets. The agency expects companies to actively identify and implement risk mitigation measures tailored to these risks. The CFTC has already taken enforcement actions against crypto companies and may have a wider future role as an industry watchdog.