American Senator Tim Scott and a group of Republican congressmen introduced a bill in the Senate titled Responsible Financial Innovation Act of 2025 (RFIA). It classifies most digital assets as commodities and also transfers their regulation to the Commodity Futures Trading Commission (CFTC). Tokenized stocks, which are digital versions of securities, must, according to the bill, remain under the jurisdiction of the U.S. Securities and Exchange Commission (SEC).
For the first time at the legislative level, the concept of cross-chain bridge digital assets is proposed, for which securities market regulation rules will not apply, the Senate banking committee reported.$DOLO $XRP $PYTH
