Today in crypto, industry executives told US lawmakers that existing investor protection and financial surveillance regulations should apply to tokenized securities, a UK government-commissioned review recommended a temporary moratorium on crypto political donations until stronger safeguards and statutory guidance are in place, and Ethereum developers created a team to combat quantum computing risks.
US lawmakers hash out tokenized securities concerns in latest hearing
Crypto industry executives on Wednesday told the US House of Representatives Committee on Financial Services that existing investor protections and financial surveillance regulations should apply to tokenized securities.
The hearing was held as legislators consider the Capital Markets Technology Modernization Act of 2026 and are exploring the impact of asset tokenization on capital markets and the “need to balance innovation with investor protection and market integrity,” according to a statement by panel chairman, Representative French Hill.
Tokenized real-world assets (RWA), traditional financial instruments represented by tokens on blockchain networks, reduce transaction costs and settlement times, Summer Mersinger, CEO of crypto advocacy organization Blockchain Association, told the committee.
“By replacing flawed manual record-keeping processes with more transparent timestamps and stamped records, tokenization lowers the cost and re-imagines US financial markets,” she said.
Blockchain Association CEO Summer Mersinger outlines the benefits of RWA tokenization for US lawmakers. Source: GOP Financial Services Committee
UK review recommends temporary halt to political crypto donations
Philip Rycroft, a former senior civil servant, recommended that the UK government impose a temporary moratorium on political donations made in crypto assets in an independent review published on Wednesday.
“The government should legislate in the Representation of the People Bill to introduce a moratorium on political donations made in cryptoassets,” Rycroft wrote in the report, which was commissioned by the government in December 2025.
The review said crypto assets could provide a route for foreign money to enter the UK political system because of incomplete regulation, the difficulty of tracing the “ultimate ownership” of some assets, and the possibility of breaking larger donations into smaller transfers. It noted that donations below 500 British pounds ($669) fall outside the normal permissibility test, while formal reporting thresholds for political parties are higher.
The review comes a week after a separate report by the Joint Committee on the National Security Strategy called on the government to impose an immediate moratorium on crypto donations to political parties until the Electoral Commission produces statutory guidance ahead of the next general election.
The Rycroft Review: Report of the independent review into countering foreign financial influence and interference in UK politics. Source: gov.uk
Ethereum devs up security efforts with “Post-Quantum” team
A group of Ethereum developers has launched a resource hub and a new Post-Quantum team on Tuesday, focused on protecting the blockchain from future quantum computing threats.
Members of the Ethereum Foundation who back the initiative said the team is planning to implement quantum solutions into Ethereum at the protocol level by 2029, with solutions targeting the execution layer to follow.
“Migrating a decentralized, global protocol takes years of coordination, engineering, and formal verification,” the team said. “The work must begin well before the threat arrives.”
Source: Ethereum Foundation
Concerns that quantum computers could eventually break blockchain cryptography have fueled industry-wide fear around private keys and wallet security, with most analysts agreeing that quantum computing poses some level of threat to crypto.
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