DeutschThe US Securities and Exchange Commission (SEC) is holding two crypto conferences in December. Among other things, it will focus on establishing guidelines for tokenization. Commissioner Hester Peirce aims to protect financial privacy and prevent surveillance, emphasizing its urgency.
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SEC Hosts Two Crypto Conferences in December
The US Securities and Exchange Commission (SEC) is holding two crypto conferences in December, according to SEC press releases. On Friday, SEC Commissioner Hester Peirce announced a meeting on December 15.
The conference was originally scheduled for October 17. However, the event had to be canceled due to the shutdown of the US federal government. Peirce considers the meeting urgent. Therefore, the event is to be rescheduled promptly.
“I look forward to putting this event back on the calendar before the end of the year. Given the numerous threats to people’s privacy, developing sound policies is of utmost importance,” she explained.
“The SEC and other financial regulators will benefit from learning more about new tools that Americans can use to protect their own data and personal information,” she added.
Peirce is considered a proponent of cryptocurrencies. As part of the SEC, she could also advocate for the promotion of Bitcoin and other cryptocurrencies through regulatory means. In October, the US central bank the Fed already hosted a crypto conference, attended by well-known companies from the blockchain industry and prominent figures from the scene.
Peirce is part of a segment of US authorities that actively advocate for cryptocurrencies, rather than against them. The exact agenda for her “Roundtable on Financial Surveillance and Privacy” – the discussion on financial surveillance and privacy – is not yet clear from public data.
The event is open to the public. Visitors must register in advance. A live stream over the internet can also be viewed without registration.
SEC Discusses Tokenization and New Regulations
Even before the roundtable, the SEC is planning another discussion that also relates to crypto. The US Securities and Exchange Commission announced today that it will hold a public debate on December 4 concerning tokenization and new regulations within corporate governance.
“The SEC Investor Advisory Committee will hold a virtual meeting on December 4. It will be broadcast on the SEC website. There will be two panel discussions: Regulatory Changes in Corporate Governance and Tokenization of Shares – How Issuance, Trading, and Settlement would work under existing regulations.”
This event could play a pioneering role for the future of tokenization in the USA. The responsible committee develops guidelines for the SEC’s work.
In the United States of America, the tokenization of traditional investments is considered one of the top topics at an institutional level. Many huge financial players are already working on tokenization – from BlackRock to JPMorgan to Fidelity.
Thanks to tokenization, traditional assets – such as securities or real estate – are expected to become more accessible in the future. As tokens on the blockchain, their accessibility is simplified. Trading could become possible 24/7, independent of exchange operating hours.
