Crypto World News reports that XBIT DEX stated that Francis Hill, Chairman of the U.S. House Committee on Financial Services, said that tokenization is the committee’s next major agenda item and that the “Clear Act” is expected to gain bipartisan support.



Hill said at last month’s Digital Assets and Emerging Technologies Policy Summit that the committee’s work on stablecoins and market structure has laid the groundwork for tokenization. He also mentioned that the committee is reviewing the impact of tokenization on the Securities and Exchange Commission (SEC) and bank regulators, and exploring whether legislation is needed to facilitate companies’ participation in tokenizing real assets.

Hill further noted that the House Committee on Financial Services will continue to focus on updates to digital asset tax regulations and emphasized that political engagement within the industry is crucial for the upcoming elections.
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QuietValidator
· 1h ago
Stablecoins lay the foundation, tokenization makes big moves, I know this roadmap well
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BearMarketWithAHintOfOrange
· 4h ago
Finally, someone has put tokenization on the agenda. Is the RWA track about to take off?
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ApeWithHomework
· 12h ago
Bipartisan consensus? Let's wait and see; Washington's words are just lies.
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TransparentDome
· 12h ago
Pre-election hype, those in the know understand, just political bargaining chips.
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LiquidityTeaMaster
· 12h ago
Tokenizing real assets on the blockchain, this story has been told for three years, it's time to bring it to reality.
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RugproofGrandma
· 12h ago
If banking regulators intervene, will DeFi be pushed to the margins?
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MoonlightMarketMaking
· 12h ago
The name "Clear Act" is well-chosen; hopefully, the content won't be disappointing.
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GateUser-ffe7bee5
· 12h ago
Tax regulation updates are the real focus; taxes on crypto trading are really annoying.
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GateUser-9568ced5
· 12h ago
The SEC is about to have a headache again; how to regulate traditional finance and on-chain assets?
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SudoSage
· 12h ago
Industry political participation is important, but who listens to retail investors' voices?
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