|
|
I just saw news that the Philippine SEC said it is ready for tokenized assets and I think this is a big step for the blockchain industry.
I don’t think this means tokenized real estate or stocks will be available immediately. Rather it suggests the country’s regulator feels its legal framework is mature enough to regulate these kinds of digital assets.
This is important as regulation has been one of the biggest hurdles for RWA tokenization. But uncertainty about compliance has been a drag on adoption, even though companies have had the technology to tokenize assets for years.
|
Locked
