#CryptoRoundTableRemarks Highlights from SEC Officials
Paul Atkins (SEC Chairman)
Highlighted the potential of tokenization to reshape capital markets.
He stated that clear and logical regulations will be created for the issuance, custody and trading of crypto assets.
He emphasized that the current regulations do not adapt to blockchain technology and therefore need to be updated.
Hester Peirce (Commissioner)
She stated that tokenization will make traditional financial assets more "smart", enabling investors to use these assets more effectively.
Smart contracts could automate transactions such as dividend payments and securities transfers.
Caroline Crenshaw (Commissioner)
She said that the definition of tokenization needs to be clarified and it is important to determine what this concept means from a regulatory perspective.
She stated that it should be questioned whether public blockchains are suitable for securities markets.