Tokeny wrote to the SEC suggesting that digital securities should not change regulation due to technological form
ChainCatcher news, according to documents disclosed by the U.S. Securities and Exchange Commission, financial institution on-chain operating system provider Tokeny recently sent a letter to the SEC's crypto working group, proposing recommendations for the regulation of digital securities.
The company made four main recommendations in the letter:
- The same assets should be subject to the same rules, regardless of changes in regulatory methods due to technological forms;
- Acknowledge the legal status of tokens as proof of ownership;
- Avoid imposing additional custody requirements on digital securities;
- Allow the use of blockchain as a settlement layer, without hindering trade discovery.
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