TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

Atkins

Notice-and-Comment Rulemaking (US)

The formal process under the US Administrative Procedure Act by which federal agencies propose and finalise binding regulations, including rules governing crypto asset markets.

Donovan Vanderbilt · February 24, 2026

Regulation by Enforcement Failed: The Gensler Era's Costly Lesson

Donovan Vanderbilt · February 24, 2026 · 8 min

Regulatory Capture

The phenomenon whereby regulatory agencies come to serve the interests of the industries they regulate rather than the public interest, through mechanisms including the revolving door, lobbying, and information asymmetry.

Donovan Vanderbilt · February 24, 2026

SEC (Securities and Exchange Commission)

The SEC's role in crypto and tokenized securities regulation, from the Howey Test framework through the Gensler enforcement era to the Atkins reform agenda.

Donovan Vanderbilt · February 24, 2026

The Revolving Door in Crypto Regulation

The movement of personnel between crypto regulatory agencies and the crypto industry, raising questions about regulatory capture while providing genuine expertise to both sectors.

Donovan Vanderbilt · February 24, 2026

Why America Was Losing the Tokenization Race (And Why That Changed in 2025)

Donovan Vanderbilt · February 24, 2026 · 8 min
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