Stocks

Tokenized stocks are gaining traction as crypto firms roll out tokenized equities globally. Explore how blockchain is reshaping access to traditional shares, fractional ownership, and global markets.

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Senator Lummis Urges CFPB to Finalize Open Banking Rule Over Crypto Access Restrictions

Senator Cynthia Lummis called on the Consumer Financial Protection Bureau to expedite its open banking regulation, warning that major banks have restricted account access for political reasons, including blocking digital asset firms. The rule, finalized on October 22, 2024, allows consumers to share financial data with third-party applications through APIs. Industry groups and crypto advocates have urged the CFPB to ensure Americans retain ownership of their financial data.