World Federation of Exchanges warns that SEC exemptions or weakened regulations for crypto tokens may undermine investor protection
BlockBeats News, November 27, according to Reuters, the World Federation of Exchanges (WFE) sent a letter to the US SEC this week, warning that granting regulatory "exemptions" to crypto companies to sell "tokenized stocks" may undermine investor protection and pose risks to market integrity. The WFE stated, "The SEC should avoid granting exemptions to companies seeking to circumvent regulatory principles that have protected the market for decades, and should ensure a level playing field and consistent rules for crypto platforms."
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