SEC Commissioner Hester Peirce, known as “Crypto Mom,” warned that tokenized securities remain subject to federal securities laws. She urged companies to engage with the SEC before launching onchain products, especially following Robinhood’s rollout of a tokenization-focused layer-2 blockchain. Peirce emphasized that blockchain technology does not alter the legal nature of the underlying asset. She also expressed openness to modernizing outdated rules when necessary. Meanwhile, the U.S. Congress is moving forward with a bill to establish clear regulatory frameworks for digital assets.