The 2025 Responsible Financial Innovation Act: A New Era for Crypto and Startups?
The Senate Banking Committee just dropped the 2025 Responsible Financial Innovation Act, and it seems like we’re in for a wild ride. This legislation is all about regulating stock tokenization and it’s got implications that could flip the script on market compliance, emerging businesses, and the competition between big boys and startups. Let’s break it down.
What’s in the Bill?
This act aims to bring some much-needed clarity to the crypto landscape, most notably around stock tokenization. Senators Tim Scott and Cynthia Lummis are leading this charge, wanting to provide oversight that encourages innovation while keeping consumers safe. They’re pushing for a study by the SEC and CFTC on tokenization standards. This could mean a…
