PANews reported on September 30th that, according to CoinDesk, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce stated on Tuesday that the regulator is willing to engage with industry participants regarding tokenized products, while also highlighting the complexity of the interaction between these tokenized assets and their traditional counterparts. Speaking at the Singapore Digital Asset Data Summit, Peirce stated, "We are open to working with those interested in tokenization, and we urge them to come and talk to us." Peirce noted that the key issue lies in understanding how different forms of the same security relate to and interact with each other, and called for a nuanced approach to tokenization regulation.