Plume's general counsel testified before the U.S. House of Representatives, calling for the inclusion of tokenized securities within the existing regulatory framework.

CoinFeed reported on March 26 that, according to the official blog, Salman Banaei, General Counsel of Plume Network, stated at a hearing of the U.S. House Financial Services Committee that tokenized securities should not be considered a completely new asset class, nor should new rules or exemptions be created for them. He argued that regulation should be driven by the economic nature and risks of financial products, rather than the technology they use. Therefore, existing regulations should be revised to incorporate new technologies into a mature regulatory framework. Salman pointed out that utilizing public blockchains and on-chain compliance tools (such as Plume's built-in protocol-level anti-money laundering screening) can significantly improve market transparency, reduce costs, and decrease reliance on intermediaries while maintaining or even exceeding existing regulatory standards.