**[Forbes: U.S. Regulation Breaks Basel Accord to Advance Tokenized Securities, Goldman Sachs, NYSE Among the "Biggest Winners"]** According to a report by Jinse Finance, Forbes published an article stating that under the leadership of Trump, U.S. financial regulatory agencies believe it is unnecessary to adhere to the Basel Accord's approach to handling crypto assets. Instead, they advocate for a technology-neutral regulatory strategy for tokenized assets, thereby bypassing the Basel Accord to promote the development of tokenized securities. Currently, the Basel Committee on Banking Supervision imposes extremely strict standards on crypto asset risk exposure, with non-compliant financial institutions facing a risk weight as high as 1250%. However, when the U.S. Federal Deposit Insurance Corporation (FDIC), Federal Reserve, and Office of the Comptroller of the Currency (OCC) issued FAQs on the capital treatment of tokenized securities, they adopted an "America First" strategy. This approach grants tokenized securities the "same legal rights" as their non-tokenized counterparts, ensuring equal treatment. Institutions such as the New York Stock Exchange (NYSE), Goldman Sachs, Nasdaq, DTCC, BlackRock, BNY Mellon, Citigroup, and JPMorgan Chase have all benefited from this, launching pilot projects or platforms for tokenized stocks, funds, and deposits. These entities are likely to become the "biggest winners" in this field in the future.