Wu Blockchain (@WuBlockchain): Plume’s General Counsel Salman Banaei said at a U.S. House hearing that tokenized securities should not be treated as a new asset class and should be…
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Plume’s General Counsel Salman Banaei said at a U.S. House hearing that tokenized securities should not be treated as a new asset class and should be integrated through targeted updates to existing regulations. He added that public blockchains and onchain compliance can improve efficiency while maintaining equivalent regulatory standards, warning that policy uncertainty could weaken the U.S. position in global tokenization leadership.