Peirce Pushes for Tokenized Securities, Less Disclosure
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
SEC Commissioner Hester Peirce advocates for relaxed corporate disclosure rules, emphasizing the need for restraint to allow capital to flow freely. She highlights the potential of tokenized securities and blockchain technology, questioning the necessity of additional disclosure demands. The SEC is actively supporting tokenization, as evidenced by their no-action letter to the Depository Trust and Clearing Corporation, allowing for testing of blockchain services in traditional securities settlements. This development aligns with ongoing Washington discussions on crypto market regulations.
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