Tokeny writes to SEC suggesting: Digital securities should not change regulation due to technical form

According to documents disclosed by the U.S. Securities and Exchange Commission, Tokeny, a financial institution blockchain operating system provider, recently wrote to the SEC's crypto working group with suggestions on digital securities regulation.

The company proposed four main suggestions in the letter:

Adopt the same rules for identical assets and do not change regulatory methods due to technological forms;
Recognize tokens as legitimate proof of ownership;
Avoid adding extra custody requirements for digital securities;
Allow the use of blockchain as a settlement layer without hindering trade discovery.