{"id":36502,"date":"2025-07-12T00:46:43","date_gmt":"2025-07-12T00:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36502"},"modified":"2025-07-12T00:46:43","modified_gmt":"2025-07-12T00:46:43","slug":"tokenized-assets-sec-says-they-still-fall-under-securities-crypto-mom-speaks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36502","title":{"rendered":"Tokenized Assets? SEC Says They Still Fall Under Securities \u2013 \u2018Crypto Mom\u2019 Speaks"},"content":{"rendered":"<div>\n<p>According to a Wednesday <a href=\"https:\/\/www.sec.gov\/newsroom\/speeches-statements\/peirce-statement-tokenized-securities-070925\" target=\"_blank\" rel=\"noopener nofollow\">statement<\/a> by SEC commissioner Hester <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/secs-crypto-mom-says-tokenized-securities-are-still-securities-2025-07-09\/\" target=\"_blank\" rel=\"noopener nofollow\">\u2018Crypto Mom\u2019<\/a> Peirce, any firm eyeing tokenized securities must talk to regulators before moving forward. Peirce, who leads the agency\u2019s crypto task force, warned that blockchain does not change what an asset really is. Tokenized shares still count as securities under US law.<\/p>\n<h2>Peirce Reminds Firms Of Federal Rules<\/h2>\n<p>Based on reports, Peirce\u2019s warning came about two weeks after trading app Robinhood unveiled its own layer\u20112 blockchain for tokenization. She urged firms to clear their plans with SEC staff before minting tokens tied to stocks or funds.<\/p>\n<p>\u201cAs powerful as blockchain technology is, it does not have magical abilities to transform the nature of the underlying asset,\u201d Peirce said. <a href=\"https:\/\/chain.link\/education\/asset-tokenization\" target=\"_blank\" rel=\"noopener nofollow\">Tokenized securities<\/a> are still securities, she added, and must follow registration and disclosure rules.<\/p>\n<p>Market watchers see parallels with former SEC chair Gary Gensler, who often told token projects to \u201ccome in and talk\u201d if they might be offering securities.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/op5f1X43\/\" width=\"1835\" height=\"884\"><\/p>\n<p>Peirce did not call out Robinhood by name, but the timing was clear: the company filed a proposal in May to set up a framework for tokenized real\u2011world assets under US rules.<\/p>\n<p>Robinhood plans to let European users trade tokens tied to US stocks and ETFs, including big names like Apple and the S&amp;P\u202f500 fund.<\/p>\n<h2>House Republicans Push Clarity For Crypto Rules<\/h2>\n<p>Beyond the SEC, lawmakers in the US House of Representatives are gearing up to vote on the Digital Asset Market <a href=\"https:\/\/www.congress.gov\/crs-product\/IN12583\" target=\"_blank\" rel=\"noopener nofollow\">Clarity Act<\/a>. That bill would draw a clear line between what the SEC oversees and what falls under the Commodity Futures Trading Commission.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-529124\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_a3ce8d.png?resize=892%2C492\" alt=\"crypto\" width=\"892\" height=\"492\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_a3ce8d.png?w=892 892w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_a3ce8d.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_a3ce8d.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_a3ce8d.png?w=750 750w\" sizes=\"auto, (max-width: 892px) 100vw, 892px\"><\/p>\n<p>If it passes, the act could spell out terms for \u201cdigital commodities,\u201d \u201csecurities\u201d and \u201cstablecoins.\u201d Supporters say it would give tokenization backers a clearer path and reduce legal gray zones.<\/p>\n<p>Peirce hinted that the SEC is open to <a href=\"https:\/\/www.nytimes.com\/2025\/07\/09\/business\/sec-crypto-tokenized-securities.html\" target=\"_blank\" rel=\"noopener nofollow\">modernizing old rules<\/a>. \u201cWhen unique aspects of a technology warrant changes to existing rules or where regulatory requirements are outdated or unnecessary, we stand ready to work with market participants to craft appropriate exemptions and modernize rules,\u201d she said.<\/p>\n<p>But until formal changes arrive, any token tied to a share or an <a href=\"https:\/\/www.investopedia.com\/terms\/e\/etf.asp\" target=\"_blank\" rel=\"noopener nofollow\">ETF<\/a> still needs to meet the same standards as a paper\u2011based security.<\/p>\n<p>Tokenization Brings Both Promise And Risks<\/p>\n<p>Tokenized securities could cut settlement times from two days to near\u2011instant, and open markets for small investors. Yet risks remain. Buyers must trust custodians who hold the actual assets. If a custodian fails, token holders could lose out.<\/p>\n<p><em>Featured image from Cheesecake Labs<\/em><em>, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to a Wednesday statement by SEC commissioner Hester \u2018Crypto Mom\u2019 Peirce, any firm eyeing tokenized securities must talk to regulators before moving forward. Peirce, who leads the agency\u2019s crypto task force, warned that blockchain does not change what an asset really is. Tokenized shares still count as securities under US law. Peirce Reminds Firms [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36502","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36502"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36502\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}