The great-grasses of Securities and Exchange (SEC) has opened a consultation on the rules of exchanges in order to issue their own utility tokens.
The regulator proposes to authorize the exchanges of crypto, or a person related to exchange, to issue utility tokens for blockchain transactions, he said on his website. The exchanges will have to disclose the names of any person linked to tokens issuers so that the dry can monitor the trading of initiates.
The consultation comes as the regulator seeks to find a balance between the authorization of innovation while preventing illegal activity. In May, he declared that citizens would be prevented from accessing the exchanges of cryptography, in particular Bybit and OKX from June 28, invoking violations of the law on digital asset affairs.
In March, he added USDT Stablecoin de Tether and USDC de Circle (CRCL) to his list of approved tokens which can be exchanged on the scholarships. Previously, only Bitcoin
Ether, XRP, Stellar and certain tokens used in the Thailand bank’s regulation system were approved by the dry.
The dry of the Thaïays will collect opinions on its rules until July 21, he said.
