Plume's General Counsel, Salman Banaei, testified at a U.S. House hearing, advocating for tokenized securities to be integrated into existing regulatory frameworks rather than being treated as a new asset class. Banaei emphasized that targeted updates to current regulations could facilitate this integration. He highlighted the potential of public blockchains and onchain compliance to enhance efficiency while maintaining regulatory standards. Banaei also cautioned that policy uncertainty might undermine the U.S.'s leadership in global tokenization efforts.