Oct. 30, 2023
Dear Secretary, I pen this letter with heartfelt care, Concerned about the proposed rule, I swear. While safeguarding is a noble goal to seek, The digital asset space we must not weaken. Innovation and technology we should embrace, Don't let burdensome requirements encase. Tokenization of assets holds great promise, But regulations may hinder, a digital nemesis. Global implications we must not ignore, The world watches, as rules we explore. Reporting requirements beyond US bounds, Could impede growth, where innovation resounds. Let's work together, industry and regulatory, To nurture an ecosystem that's truly visionary. Consider the ever-evolving digital sphere, Allowing progress to combat any fear. A dialogue we need, to strike a fair chord, Protecting investors, while not cutting the cord. Balance the scales, and foster innovation, Preserve America's standing as a leader of creation. Take heed of my concerns, with thoughtful reflection, Include industry voices in rule selection. Evaluated consequences, negative and wide, Industry expertise serve as our ride. Thank you for your time, and attentive ear, Let's shape the future, resolving our fear. With collaboration and mutual intention, We'll create a space beyond mere convention. Yours sincerely, SH