SEC Meets with Kraken's Parent Company to Discuss Regulatory Path for Tokenization and Staking Services

Blockbeats
30 May

BlockBeats News, May 30th, according to an SEC website memorandum, the U.S. Securities and Exchange Commission (SEC) Cryptocurrency Asset Working Group held a meeting with Payward, Inc. (Kraken's parent company) representatives to discuss cryptocurrency asset regulation-related issues. The meeting topics included the tokenization of traditional assets and its advancement in other jurisdictions, feasible paths to promote tokenization within the U.S., different types of "staking as a service," potential benefits to the ecosystem, and how the SEC can provide regulatory clarity to relevant businesses within its existing authority.

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