Plume's GC Pushes SEC for RWA Tokenization Reforms
regulatoryRegulatory
Salman Banaei, former SEC and CFTC official now at Plume, testifies for regulatory fixes to enable tokenization, highlighting outdated 1940s laws blocking blockchain adoption. Proposals include recognizing wallet addresses, granting blockchain protocols 'clearing corporation' status, and adapting custody rules for smart contracts. These changes could unlock trillions in markets, with Plume already compliant and leading in RWA infrastructure.
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