[CoinDesk] Tokenization and stablecoins may weather Democrats' sweep as broader crypto rules face uncertainty

Tokenization and stablecoin initiatives are likely to continue under existing U.S. securities and commodities laws even after a Democratic sweep, though broader crypto rulemaking faces uncertainty as the SEC and CFTC confront tougher oversight and questions about the durability of their rules, experts said. The implication is that Wall Street's drive to move traditional finance onto blockchain rails may proceed without new legislation, while exchanges and token issuers reliant on pending rule changes face a less certain path. What to watch next is how aggressively the incoming Congress scrutinizes the SEC and CFTC and whether agency guidance issued late in the current administration survives.