US lawmakers are moving closer to regulating tokenised securities, with a House hearing highlighting growing consensus that blockchain-based trading will require the same safeguards as traditional markets.
The House Financial Services Committee discussed how tokenisation could reshape stock trading, with officials agreeing the technology is inevitable but requires clear regulatory oversight.
“We stand at the threshold of a significant transformation in our financial landscape,”
Said committee Chairman, French Hill.
Lawmakers raised concerns around anonymous wallets, foreign ownership risks and how decentralised finance systems would integrate with existing compliance frameworks.
Democrats also warned that tokenisation could accelerate “gamification” in trading, making markets faster and potentially riskier for retail investors.
At the same time, industry participants argued tokenisation could improve efficiency by reducing intermediaries and lowering transaction costs.
The debate comes as political scrutiny intensifies over Donald Trump’s crypto ties, with critics warning these connections could undermine trust in upcoming legislation.