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|

Enforcement

Crypto Enforcement Action Tracker

Tracking major regulatory enforcement actions against digital asset firms — SEC, CFTC, OFAC, FCA, ESMA, and international authorities.

Donovan Vanderbilt · February 24, 2026 · 5 min read

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

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

SEC Crypto Rulemaking: From Enforcement-First to Project Crypto

How the SEC's approach to digital asset regulation transformed from Gary Gensler's enforcement-first era to Paul Atkins' Project Crypto — and what each approach means for the tokenization industry.

Donovan Vanderbilt · February 24, 2026 · 9 min read
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