News list for "The commissioner acknowledges that the tokenization of securities"

The SEC Commissioner acknowledges the benefits of securities tokenization, including providing security, transparency, and immutability

On June 16, Securities Exchange Commission Commissioner Mark Uyeda acknowledged that asset tokenization, including the tokenization of securities, has potential benefits, and that representing asset rights with digital tokens on the blockchain can provide "security, transparency, and immutability". Tokenization eliminates the need for intermediaries, thereby simplifying transactions and reducing transaction costs. Uyeda calls tokenization more...

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2024-06-16 05:18:05
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