COINDESK · 2026-11-04 22:55 UTC

Tokenization and stablecoins may weather Democrats' sweep as broader crypto rules face uncertainty

Tokenization of securities and stablecoins may face less political disruption than broader crypto regulation following Democrats' midterm sweep, as both can advance under existing laws. The GENIUS Act, passed with bipartisan support in 2025, created a federal framework for payment stablecoins taking effect January 18, providing issuers with statutory guidance. SEC and CFTC proposed rules on blockchain transfer agents, tokenized securities venues, and crypto derivatives face uncertainty about finalization timelines and durability under Democratic control.

Loading the story on Tree News…