Senate Crypto Bill Clarifies Tokenized Stocks Will Remain Securities
The U.S. Senate has taken a major step toward resolving confusion in digital asset regulation. On September 5, 2025, senators updated their crypto market structure bill to explicitly state that tokenized stocks must remain classified as securities, not commodities.
This change comes as part of the Responsible Financial Innovation Act of 2025, which aims to create clear rules for how digital assets are regulated in America. The bill addresses a key concern for companies working on blockchain-based financial products.
Senator Cynthia Lummis (R-Wyoming), who leads the legislation, told CNBC that lawmakers want to get the bill “on the president’s desk before the end of the year.” This timeline shows how urgent Congress considers…
