Tokenization and stablecoins may survive Democratic sweep as broader crypto rules stay uncertain

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Wall Street's effort to move financial activity onto blockchain networks could keep advancing under laws already on the books, according to experts. The SEC and CFTC are expected to face stricter oversight, and it is unclear how long their current crypto rules will remain in place. The uncertainty comes as Democrats gained broad political control, shifting the regulatory outlook. Tokenization and stablecoins are seen as more likely to weather the change than wider crypto policy.

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