The United States is modernizing the financial market with regulatory frameworks like FIT21 and exemptions, driving the tokenization of real-world assets.

Introduction
In recent months, the U.S. has taken decisive steps to establish a regulatory framework that enables the tokenization of real-world assets, marking a turning point in the evolution of the digital financial system.

Key Legislative Developments
In addition to the GENIUS Act, several initiatives stand out that lay the groundwork for the adoption of tokenization in both traditional and emerging markets.

The FIT21 Act
The Financial Innovation and Technology for the 21st Century Act (FIT21), passed in May 2024, establishes the division of authority between the SEC and the CFTC. Decentralized digital assets are considered commodities and regulated by the CFTC, while centralized ones remain under the SEC's oversight.

Exemptions for Innovation
The SEC is developing an “Innovation Exemption” to facilitate the use of tokenization technologies in capital markets, following frameworks already applied in Switzerland and Singapore.

The CLARITY Act
The Digital Asset Market Structure and Clarity Act defines technical and functional criteria—such as decentralization, token utility, and future economic rights—to classify a digital asset as either a security or a commodity.

Global Impact
These nationally scoped laws will have a global impact. For Latin America, they represent institutional validation that could accelerate the adoption of tokenization models and enhance financial infrastructure.

Conclusion
The U.S. acknowledges the potential of digital assets to modernize financial markets, offering regulatory clarity and efficiency. For Latin America, this shift sends a clear signal: the time to build is now.

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