At the recent Token2049 event in Singapore, SEC Commissioner Hester Peirce highlighted the agency's willingness to engage with stakeholders interested in tokenization. Her remarks suggest a potential shift in the US regulatory approach towards blockchain-based securities and real-world assets, as The publication provides the following information:
Peirce's Call for Dialogue
Peirce's call for dialogue indicates a more collaborative relationship between regulators and the crypto industry, which could pave the way for clearer guidelines on tokenized assets. This comes at a time when significant advancements are being made in the infrastructure for tokenized securities in the US market.
Nasdaq's Formal Requests
In a notable move, Nasdaq has submitted formal requests for rule amendments aimed at facilitating the trading of tokenized securities. These proposed changes, outlined in SEC filings, could enable both traditional and blockchain-based settlement methods to operate side by side. This could potentially transform the landscape of financial trading.