Perth encourages cryptography clarity as Robinhood proposes a federal token plan

The Securities and Exchange Commission (SEC) is seeing an increasing demand for clearer regulations on digital assets, particularly cryptocurrencies. SEC Commissioner Hester Peirce, widely known as “Crypto Mom,” emphasizes the need for accurate and flexible regulatory guidelines tailored to the evolving crypto market.

Meanwhile, Robinhood, a leading trading platform, has submitted a proposal to the SEC, which aims to create a federal framework to represent real-world assets. These developments illustrate key steps in defining the future regulatory environment for US digital assets.

Peirce wants clear guidelines for Crypto Tokens

Hester Peirce emphasized the urgency to clarify which cryptocurrencies fall under the securities laws. She explained that most cryptocurrencies do not currently meet the criteria used to classify securities. Between Sec Speaks Event, Pers outlined the importance of distinguishing tokens based on their function and purpose. This distinction depends on when the token grants a right to profit or governance or simply acts as a utility token with no investment attributes.

Peirce says tokens that lack business rights are fundamentally different from investment contracts. Therefore, these tokens should not face the same regulatory scrutiny as securities. She argued that rather than relying on traditional securities frameworks, it is necessary for regulators to develop rules that reflect the unique nature of digital assets. This approach is suitable for more and more tokens, such as meme coins and tokens distributed via airdrops.

The SEC Crypto Task Force engages in over 100 discussions with industry participants to improve their understanding of the crypto market. These conversations aim to balance regulatory oversight with innovation fostering. Peirce emphasized that a one-size-fits securities regime cannot cope with the complexity of emerging token types. She noted the importance of adapting rules to accommodate tokens primarily intended for use rather than investment.

Proposals for increasing regulatory flexibility

Perth outlined plans for a secure port system that exempts certain crypto projects from registering as securities. This framework requires projects that meet certain criteria and helps you understand and comply with the law. One key factor is to exempt several token airdrops from securities regulations and reduce legal uncertainty for blockchain startups.

This regulatory flexibility is intended to clarify when tokens no longer qualify for investment contracts. Perth warned against leaving these important definitions to the court’s decision alone. Instead, explicit SEC guidance may provide certainty for secondary market transactions and ongoing asset classification. Clear rules help market participants understand their rights and regulatory responsibilities.

Peirce’s statement reflects the move to categorize tokens based on economic realities and intended use. This shift from formal structure to practical functionality could reshape how digital assets are regulated. The proposed coordinated approach acknowledges the diverse properties of tokens, increasing regulatory clarity and market efficiency.

Robinhood proposes a framework for real asset tokenization

In parallel with the regulatory debate on cryptocurrencies, Robinhood has taken steps to establish a federal framework to represent real-world assets (RWAS). In April 2025, we submitted a detailed proposal to the SEC. The plan aims to standardize how physical assets are converted into digital tokens for transactions on blockchain platforms.

According to the report of aiinvestRobinhood’s proposal focuses on the integration of decentralized financial technologies and traditional markets. This framework promotes broader access to assets by allowing digital representation on platforms such as Solana and Base. The initiative aims to bridge the gap between traditional finance and the emerging blockchain ecosystem.

If approved, the framework will introduce regulatory clarity and oversight into the RWA tokenization sector. It covers compliance, security, and interoperability issues. This is essential for institutional participation. The proposed system could increase transparency and reliability among investors and market participants.

Increased demand for real-world asset tokenization

Interest in the symbolism of physical assets has skyrocketed over the past few months. The launch of a $1 billion real estate tokenization project in the US indicates an increase in demand. However, regulatory uncertainty has slowed widespread adoption.

The Robinhood proposal seeks to address these obstacles by establishing clear legal guidelines. In doing so, you create a more structured environment for asset tokenization. This clarity could unlock liquidity and increase market participation in tokenized real assets.

The company’s submission to the SEC’s Cryptographic Task Force demonstrates its commitment to regulatory compliance. It also highlights the growing importance of federal oversight in digital assets innovation. Robinhood’s plan highlights the role of advanced blockchain platforms in supporting secure and efficient tokenization.

The importance of regulatory certainty for the crypto market

Both Peirce’s remarks and Robinhood’s proposal highlight the important need for regulatory certainty. Clear rules are essential for market stability and growth. They help market players understand compliance requirements and operational boundaries.

Peirce focuses on flexible, usage-based token classification, addressing the challenges of applying traditional securities laws to digital assets. Meanwhile, Robinhood’s efforts to create the federal framework for RWAS target legal ambiguity surrounding asset tokenization.

Together, these efforts demonstrate regulatory changes to respond to innovation while protecting participants. The involvement of SEC and industry stakeholders aims to develop a framework that balances surveillance and market development.

SEC Commissioner Hester Perth’s call for clear and adaptable cryptographic regulations marks a key moment in US digital asset policy. The emphasis on distinguishing securities from utility tokens reflects market complexity. At the same time, Robinhood’s federal framework’s proposal for real-world asset tokenization offers a structured approach to filling traditional finance and blockchain.

These developments contribute to the formation of a more defined regulatory environment for crypto assets. The SEC’s ongoing dialogue with industry players and proposals for a regulatory framework demonstrates ongoing progress. Clear and customized regulations will be essential to the maturation of the digital asset market over the next few years.