#SECCrypto2.0 CoinReg Tech offers regulatory measures for digital asset securities

AI Summary

According to Odaily, CoinReg Tech, a provider of regulatory technology for the digital asset market, has made recommendations to the U.S. Securities and Exchange Commission (SEC) through its cryptocurrency working group. The proposals focus on several key areas of digital asset securities regulation.

Firstly, CoinReg Tech suggests that trading in digital asset securities, whether conducted 'on-chain' or 'off-chain', should adhere to the same transaction reporting requirements as standard securities. This measure is aimed at ensuring transparency and consistency in the reporting of digital asset transactions.

Secondly, the company emphasizes the need to address investor protection and market structure issues related to off-network transactions that facilitate trading platforms. This includes ensuring that investors are adequately protected and that the market operates efficiently and fairly.