Stock Exchange Group Urges Regulators to Tighten Tokenized Stocks Oversight: Report
World Federation of Exchanges (WFE), a group of stock exchanges, has called global regulators, including the US SEC and the European ESMA, to tighten their oversight on ‘tokenized stocks.’ Per Reuters, the WFE sent a letter to securities watchdogs, raising concerns about the blockchain-based stocks. The letter, sent last Friday, warned that these products “mimic”…
