CTF Written Submission

SEC Crypto Task Force Input Letter from Tokeny

March 13, 2025
  • Clear regulations should indicate that the same securities laws apply regardless of the technology used, ensuring compliance through permissioned token standards like ERC-3643.
  • Tokens should be recognized as verifiable proofs of ownership when implemented with the right compliance framework, linking ownership to verified identities.
  • Avoid adding extra custody requirements for digital securities, as identity-based permissioned tokens ensure ownership is tied to an investor’s on-chain identity, not individual wallets.

Last Reviewed or Updated: April 3, 2025