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SEC Commissioner Warns Tokenized Securities Remain Under Existing Regulations
SEC Commissioner Warns Tokenized Securities Remain Under Existing Regulations
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BTCCSquare news:
SEC Commissioner Hester Peirce emphasized that blockchain's novelty doesn't exempt tokenized securities from compliance with existing frameworks. Her remarks addressed the surge of tokenized stocks—stablecoin-pegged equities trading on crypto exchanges at 1:1 ratios with underlying shares.
Peirce characterized these instruments as securities representations rather than direct ownership stakes. While acknowledging potential risks like smart contract vulnerabilities disrupting peg mechanisms, she noted traders continue embracing the model for its accessibility benefits.
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