US SEC commissioner says regulator willing to work with those who want to tokenise


Hester Peirce testifies to the Senate Banking, Housing and Urban Affairs Committee on her nomination to be a member of the Securities and Exchange Commission on Capitol Hill in Washington, U.S., October 24, 2017. REUTERS/Joshua Roberts

SINGAPORE (Reuters) -A top U.S. securities regulator known for her supportive stance on the cryptocurrency industry said on Tuesday that the Securities and Exchange Commission is open to working with industry participants on tokenising products.

"We are willing to work with people who want to tokenise, we urge them to come talk to us," said Hester Peirce, a Republican commissioner on the U.S. Securities and Exchange Commission (SEC), who was speaking virtually at the Digital Assets Summit in Singapore.

(Reporting by Rae Wee; Editing by Christian Schmollinger)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Texas Instruments to buy chip designer Silicon Laboratories in $7.5 billion deal
TikTok extremely cooperative with EU's probe on Romania election, Commission spokesperson says
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
Exclusive-US Senators unveil bill to prevent scam ads on social media platforms
Cognizant forecasts annual revenue above estimates on strong AI demand
Musk's mega-merger of SpaceX and xAI bets on sci-fi future of data centers in space
Amazon's physical grocery push deepens its fight against rival Walmart
Global software stocks hit by Anthropic wake-up call on AI disruption
NXP CEO says demand for 'physical AI' boosting outlook
Europe takes on tech with social media bans and Paris raid on X

Others Also Read