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)