SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens

Hester Peirce, the commissioner behind the SEC's Crypto Task Force, made statements on the unreleased proposal, perhaps tamping down mistaken beliefs.

The long-awaited U.S. Securities and Exchange Commission rule to begin allowing tokenization of securities — a change that could have profound effects on the financial markets — has been facing the contentious perception it'll allow synthetic…