US Securities and Exchange Commission (SEC) member Hester Peirce made important statements on the Bloomberg Crypto program regarding asset tokenization, which is rapidly spreading in the financial world, and the integration of cryptocurrencies into individual retirement plans. Peirce said that even tokenized versions of securities are still considered securities and that providing transparent information to investors is vital. One of the program's main agenda items, tokenization—the conversion of real-world assets (real estate, works of art, etc.) into digital tokens—is attracting increasing interest. Member Peirce noted that the SEC is closely monitoring developments in this area, saying, “Tokenizing a security doesn't mean it ceases to be a security. Companies should provide clear disclosures to investors about the nature of these assets.” Peirce also added that the SEC is open to collaborating with companies exploring new tokenization models and will facilitate market innovation in this area. Peirce's statements came shortly after President Trump signed an executive order allowing 401(k) accounts to invest in crypto assets. This development has fueled expectations that cryptocurrencies will become more integrated into the mainstream financial system, but it has also sparked controversy. Peirce stated that the SEC believes that private assets offered to individual investors should be professionally managed and diversified within investment portfolios. Bloomberg columnist Allison Schrager, however, took a more cautious approach, warning that cryptocurrencies are inherently high-risk assets and that including them in retirement plans like 401(k)s could introduce unnecessary risks to investors. The program also reviewed regulatory announcements and recent developments in the crypto markets. Bitcoin reached all-time highs, approaching $120,000, while Ethereum surpassed $4,400, marking its best performance since 2021. *This is not investment advice.
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