https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Security_token 2026-04-27T00:58:50Z Revision history for this page on the wiki MediaWiki 1.40.0 https://wiki.treasurers.org/w/index.php?title=Security_token&diff=58888&oldid=prev 2025-09-19T12:09:27Z

<p>Mend link.</p> <table style="background-color: #fff; color: #202122;" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr class="diff-title" lang="en-GB"> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 12:09, 19 September 2025</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l48">Line 48:</td> <td colspan="2" class="diff-lineno">Line 48:</td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Other resources==</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Other resources==</div></td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>*[https://www.treasurers.org/hub/blog/cbdcs_digital_currencies/sept-2025?_cldee=CIGd5NzK_S9tknYetEcldApf3khES9oQcTIUKGTuy1lxbOqRIo3I27SgnXlzEQWT&amp;recipientid=contact-61e01a18fd04e61180d1000d3ab15408-9abe4db37c694333afee46250c47a7f7&amp;utm_source=ClickDimensions&amp;utm_medium=email&amp;utm_campaign=NEWS-MEM-20&amp;esid=8ab0fd29-9e93-f011-b4cc-7c1e52657ac4 Central Bank Digital Currencies (CBDCs) and other digital currencies – September 2025 - Naresh Aggarwal</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>*[https://www.treasurers.org/hub/blog/cbdcs_digital_currencies/sept-2025?_cldee=CIGd5NzK_S9tknYetEcldApf3khES9oQcTIUKGTuy1lxbOqRIo3I27SgnXlzEQWT&amp;recipientid=contact-61e01a18fd04e61180d1000d3ab15408-9abe4db37c694333afee46250c47a7f7&amp;utm_source=ClickDimensions&amp;utm_medium=email&amp;utm_campaign=NEWS-MEM-20&amp;esid=8ab0fd29-9e93-f011-b4cc-7c1e52657ac4 Central Bank Digital Currencies (CBDCs) and other digital currencies – September 2025 - Naresh Aggarwal<ins style="font-weight: bold; text-decoration: none;">]</ins></div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>*[https://www.whitehouse.gov/wp-content/uploads/2025/07/Digital-Assets-Report-EO14178.pdf Strengthening American Leadership in Digital Financial Technology, 2025]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>*[https://www.whitehouse.gov/wp-content/uploads/2025/07/Digital-Assets-Report-EO14178.pdf Strengthening American Leadership in Digital Financial Technology, 2025]</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>*[https://www.treasurers.org/hub/blog/insights-digital-assets-survey-2024 Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy &amp; Technical at the ACT and Nick Philpott, Co-Founder &amp; Head of Partnerships at Zodia Markets by Standard Chartered]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>*[https://www.treasurers.org/hub/blog/insights-digital-assets-survey-2024 Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy &amp; Technical at the ACT and Nick Philpott, Co-Founder &amp; Head of Partnerships at Zodia Markets by Standard Chartered]</div></td></tr> <!-- diff cache key acta01_wikiprod:diff::1.12:old-58887:rev-58888 --> </table>

Doug https://wiki.treasurers.org/w/index.php?title=Security_token&diff=58887&oldid=prev 2025-09-19T12:08:50Z

<p>Layout.</p> <table style="background-color: #fff; color: #202122;" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr class="diff-title" lang="en-GB"> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 12:08, 19 September 2025</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l2">Line 2:</td> <td colspan="2" class="diff-lineno">Line 2:</td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>Security tokens are a proposed category of digital assets, under the report &quot;Strengthening American Leadership in Digital Financial Technology&quot;.</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>Security tokens are a proposed category of digital assets, under the report &quot;Strengthening American Leadership in Digital Financial Technology&quot;.</div></td></tr> <tr><td colspan="2" class="diff-side-deleted"></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The report proposes a taxonomy for digital assets, separating them into three categories:</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The report proposes a taxonomy for digital assets, separating them into three categories:</div></td></tr> <!-- diff cache key acta01_wikiprod:diff::1.12:old-58886:rev-58887 --> </table>

Doug https://wiki.treasurers.org/w/index.php?title=Security_token&diff=58886&oldid=prev 2025-09-19T12:08:22Z

<p>Layout.</p> <table style="background-color: #fff; color: #202122;" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr class="diff-title" lang="en-GB"> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 12:08, 19 September 2025</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l5">Line 5:</td> <td colspan="2" class="diff-lineno">Line 5:</td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The report proposes a taxonomy for digital assets, separating them into three categories:</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The report proposes a taxonomy for digital assets, separating them into three categories:</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>Security Tokens: Digital assets that constitute securities because, for example, they represent an interest in equity, bonds, or security-based swaps, or form part of an investment contract. This can include tokenised securities.</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">:</ins>Security Tokens: Digital assets that constitute securities because, for example, they represent an interest in equity, bonds, or security-based swaps, or form part of an investment contract. This can include tokenised securities.</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>Commodity Tokens: Digital assets that are not security tokens (i.e., digital assets that aren’t securities). The report notes that this category includes network tokens, meaning tokens that are connected to the functioning of a decentralised network or protocol; examples include bitcoin and ether.</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">:</ins>Commodity Tokens: Digital assets that are not security tokens (i.e., digital assets that aren’t securities). The report notes that this category includes network tokens, meaning tokens that are connected to the functioning of a decentralised network or protocol; examples include bitcoin and ether.</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>Tokens for Commercial and Consumer Use: Digital assets that are used to access some good, service, or privilege and subject to laws relating to commercial transactions. The report notes that this category includes non-fungible tokens (NFTs) representing identity credentials or event tickets.</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">:</ins>Tokens for Commercial and Consumer Use: Digital assets that are used to access some good, service, or privilege and subject to laws relating to commercial transactions. The report notes that this category includes non-fungible tokens (NFTs) representing identity credentials or event tickets.</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;">:</del>''(Source - Naresh Aggarwal, blog September 2025.)''</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>''(Source - Naresh Aggarwal, blog September 2025.)''</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <!-- diff cache key acta01_wikiprod:diff::1.12:old-58885:rev-58886 --> </table>

Doug https://wiki.treasurers.org/w/index.php?title=Security_token&diff=58885&oldid=prev 2025-09-19T12:07:36Z

<p>Create page - source - ACT blog https://www.treasurers.org/hub/blog/cbdcs_digital_currencies/sept-2025?_cldee=CIGd5NzK_S9tknYetEcldApf3khES9oQcTIUKGTuy1lxbOqRIo3I27SgnXlzEQWT&amp;recipientid=contact-61e01a18fd04e61180d1000d3ab15408-9abe4db37c694333afee46250c47a7f7&amp;utm_source=ClickDimensions&amp;utm_medium=email&amp;utm_campaign=NEWS-MEM-20&amp;esid=8ab0fd29-9e93-f011-b4cc-7c1e52657ac4</p> <p><b>New page</b></p><div>''Assets - information technology - digital assets.''<br /> <br /> Security tokens are a proposed category of digital assets, under the report &quot;Strengthening American Leadership in Digital Financial Technology&quot;.<br /> <br /> The report proposes a taxonomy for digital assets, separating them into three categories:<br /> <br /> Security Tokens: Digital assets that constitute securities because, for example, they represent an interest in equity, bonds, or security-based swaps, or form part of an investment contract. This can include tokenised securities.<br /> <br /> Commodity Tokens: Digital assets that are not security tokens (i.e., digital assets that aren’t securities). The report notes that this category includes network tokens, meaning tokens that are connected to the functioning of a decentralised network or protocol; examples include bitcoin and ether.<br /> <br /> Tokens for Commercial and Consumer Use: Digital assets that are used to access some good, service, or privilege and subject to laws relating to commercial transactions. The report notes that this category includes non-fungible tokens (NFTs) representing identity credentials or event tickets.<br /> <br /> :''(Source - Naresh Aggarwal, blog September 2025.)''<br /> <br /> <br /> == See also ==<br /> * [[24/7]]<br /> * [[Alternative finance]]<br /> * [[Assets]]<br /> * [[Bitcoin]]<br /> * [[Blockchain]]<br /> * [[Cambridge Centre for Alternative Finance]]<br /> * [[Central bank digital currency]]<br /> * [[Commodity token]]<br /> * [[Cryptoassets]]<br /> * [[Cryptocurrency]]<br /> * [[Cryptography]]<br /> * [[Dematerialisation]]<br /> * [[Digital asset]]<br /> * [[Digital capital market]]<br /> * [[Digital currency]]<br /> * [[Distributed ledger]]<br /> * [[Ether]]<br /> * [[Fungible]]<br /> * [[Information technology]]<br /> * [[Law]]<br /> * [[Money]]<br /> * [[Natively digital asset]]<br /> * [[Non-fungible token]] (NFT)<br /> * [[Regulation]]<br /> * [[Security]]<br /> * [[Share]]<br /> * [[T+0]]<br /> * [[Token]]<br /> * [[Token for commercial and consumer use]]<br /> <br /> <br /> ==Other resources==<br /> *[https://www.treasurers.org/hub/blog/cbdcs_digital_currencies/sept-2025?_cldee=CIGd5NzK_S9tknYetEcldApf3khES9oQcTIUKGTuy1lxbOqRIo3I27SgnXlzEQWT&amp;recipientid=contact-61e01a18fd04e61180d1000d3ab15408-9abe4db37c694333afee46250c47a7f7&amp;utm_source=ClickDimensions&amp;utm_medium=email&amp;utm_campaign=NEWS-MEM-20&amp;esid=8ab0fd29-9e93-f011-b4cc-7c1e52657ac4 Central Bank Digital Currencies (CBDCs) and other digital currencies – September 2025 - Naresh Aggarwal<br /> *[https://www.whitehouse.gov/wp-content/uploads/2025/07/Digital-Assets-Report-EO14178.pdf Strengthening American Leadership in Digital Financial Technology, 2025]<br /> *[https://www.treasurers.org/hub/blog/insights-digital-assets-survey-2024 Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy &amp; Technical at the ACT and Nick Philpott, Co-Founder &amp; Head of Partnerships at Zodia Markets by Standard Chartered]<br /> *[https://www.treasurers.org/system/files/Digital_Assets_Survey_%202024.pdf Digital Assets Survey 2024 - ACT - Zodia Markets]<br /> *[https://www.jbs.cam.ac.uk/wp-content/uploads/2020/10/2020-ccaf-legal-regulatory-considerations-report.pdf Legal and Regulatory Implications for Digital Assets - Cambridge Centre for Alternative Finance]<br /> <br /> [[Category:Accounting,_tax_and_regulation]]<br /> [[Category:Technology]]</div>

Doug