AFT urges Senate to withdraw Responsible Financial Innovation Act over tokenization risks to the $39 trillion retirement market

The American Federation of Teachers, representing 1.8 million members, has urged the U.S. Senate to withdraw the Responsible Financial Innovation Act, arguing it poses material risks to the $39 trillion retirement market. The union frames its appeal around a tokenization provision in the crypto market structure bill, linking a regulatory change to potential erosion of […]