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The SEC and the Treasury met with the Plume team to discuss enhancing the competitiveness of the Capital Market through an open Blockchain ecosystem.
According to Mars Finance, the U.S. Securities and Exchange Commission's cryptocurrency working group and the U.S. Department of the Treasury met with the Plume team yesterday in Washington, D.C., to discuss how an open blockchain ecosystem can enhance the competitiveness of the U.S. crypto assets and capital markets. If markets for stocks, bonds, loans, asset-backed securities, commodities, etc., are tokenized and placed on-chain, particularly under the right regulatory framework, their liquidity, efficiency, and transparency will be significantly higher. By collaborating with policymakers, Plume can achieve public policy outcomes that are the same as or even better than those of the existing market structure.