Goal is faster, more efficient market
PUBLISHED : 3 Feb 2025 at 05: 39
The Securities and Exchange Commission (SEC) is planning to launch a debt instrument trading system using distributed ledger technology (DLT) to persuade securities firms to participate in digital token trading, while also advancing its supervision in the digital era.
Jomkwan Kongsakul, deputy secretary-general of the SEC, said token investments are gaining traction.
The regulator has approved four digital token projects and is reviewing two more, focusing on green tokens and investment-based projects.
Five other parties have engaged in preliminary consultations with the SEC, exploring opportunities for both soft power tokens and green token innovative fundraising solutions, she said.
In the near future, the SEC will let securities companies trade digital tokens to capitalise on their large investor bases, said Ms Jomkwan.
“The SEC is leveraging technology to enha
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