Head of SEC Crypto Unit: Stock Tokenization Remains Under Securities Regulation
According to a report by Jinse Finance, Hester Peirce, head of the U.S. Securities and Exchange Commission (SEC) Crypto Special Unit and Commissioner, stated that tokenizing stocks and other assets does not change their fundamental nature and they must still comply with federal securities laws. Although Peirce has long supported crypto innovation, she emphasized that relevant market participants must strictly fulfill their regulatory obligations. This statement responds to calls from some industry insiders who hope to freely trade stocks and other assets on the blockchain, and serves as a reminder that digitalized assets are equally subject to regulatory frameworks.
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