The head of the US SEC's encryption team: Stock tokenization still falls within the scope of securities regulation

According to a report by Golden Finance, Hester Peirce, head and commissioner of the US Securities and Exchange Commission's (SEC) Cryptocurrency Task Force, stated that tokenizing stocks and other assets does not change their nature and still requires compliance with federal securities laws. Although Peirce has long supported cryptocurrency innovation, she emphasizes that relevant market participants must strictly fulfill their regulatory obligations. This statement responds to the call of some industry insiders for free trading of assets such as stocks on the blockchain, and reminds that digital assets are also subject to regulatory frameworks.