Playing by the Rules as Regulation Really Matters

In a recent conversation with TechCrunchRepublic CEO, Kendrick Nguyen stated that “everything that Republic does, everything we touch, we treat them as securities by and large and fit them under the existing framework of U.S securities law.”

With a successful $150 million Series B round, Republic has high hopes for the future of digital securities. He claims that there is currently no exchange in the U.S. “that is capable, that delivers good customer service, and that can facilitate secondary active trading of securities and digital securities”. He will be considering building its own platform focused on digital securities if such platform does not arise within a year.

In the eyes of the regulators, the charming Nguyen definitely fits their poster boy image and what he preaches is definitely music to their ears.

Why so? Well what he’s stating is something that all regulators are familiar with, Securities and its corresponding regulations, which are already very established.

While some existing exchanges may not agree with him, he asserted that “if other investment platforms want to push back on the SEC, that’s certainly their prerogative,”. As for Republic, he said, “We’re not looking for new rules and regulations to do what we do. What we do is based on existing law, on firm legal foundation.”

This rings true to some extent for Propine too, especially on its digital securities offerings.

Being the first regulated and licensed digital asset custody service provider holding a CMS licence by the Monetary Authority of Singapore, Propine has been working with MAS to ensure that our digital custody and securities solutions comply with the law.

If you are interested to find out more, please visit our website at or email us at

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