US Senate Clarifies Tokenized Stocks as Securities in Landmark 2025 Bill

The US Senate's Responsible Financial Innovation Act of 2025 marks a pivotal shift in crypto regulation, explicitly classifying tokenized stocks as securities. This clarity removes a major obstacle for blockchain businesses operating in traditional financial frameworks.

Senator Cynthia Lummis emphasized the urgency, stating the bill should reach the president's desk by year-end. The legislation also delineates jurisdictional boundaries between the SEC and CFTC, providing much-needed regulatory certainty.

Market participants view this development as a catalyst for institutional adoption, with tokenization projects now able to leverage existing broker-dealer systems and trading infrastructure. The regulatory clarity comes as the TRUMP administration takes a notably pro-crypto stance.