Demonstration experiment on security token , regulatory and market research reports of each country 💪
Standard Capital Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President and CEO: Taisei Yamaguchi) conducted demonstration experiments on security tokens and conducted regulatory and market research in each country.
【Summary of the survey (excerpt)】
・Examples of using security tokens in capital markets in Japan, the United States, China, Singapore, Indonesia, and Myanmar
・Utility of security token exchange in the US private placement market
・Usefulness of security token exchange in the capital markets of emerging countries
・Efforts on security tokens in each country and regulations
・Details on the CEZA DATO (Digital Asset Token Offering) method
・Use of security tokens to activate the Philippine capital market
・Future rules and regulations regarding security tokens
This time, we examined the concept of security tokens (digitalization of securities) and examined the future legislation on security tokens,assuming a survey of capital market issues in each country. Various efforts are being made in each country regarding security tokens. It is important to understand its usefulness in light of the latest developments in capital markets and policies in each country. In the future, we will continue discussions with regulators and stock exchanges in each country on the international laws and regulations on cryptographic assets and security tokens, and will make efforts to strengthen the market.
The meeting between Naokazu Takemoto, IT Policy Minister and CEZA CEO, Secretary of State Raoul Lambino, took place on January 4, 2020. The future of financial business in the Philippines and Asia was discussed.
“Need to establish clear regulations on crypto assets and security tokens” “Financial System Cooperation between Asian Countries” The meeting have received great response and have been reported in numerous Southeast Asian media.
The CEZA website and media reports also mention the security token exchange “ALLEX”, which is said to play an important role in promoting security tokens in the Philippines.
ALLEX still will play an influential role in helping to train Philippine blockchain developers in how to create security tokens. This Japan-Philippine technology and knowledge transfer is one of the economic benefits of having foreign back office support within CEZA.
References：Japan and PH partner to make Asia a truly technologically advanced region / CEZA website（ https://ceza.gov.ph/article/japan-and-ph-partner-make-asia-truly-technologically-advanced-region ）
“ALLEX” will continue to work on the spread of security tokens as a bridge between the Philippines and Asia and Japan.
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