SIFMA Opposes SEC Relief for Tokenized Stock Platforms

SIFMA Opposes SEC Relief for Tokenized Stock Platforms

A leading U.S. financial trade group is urging regulators to reject a rising number of exemption requests from crypto firms aiming to offer tokenized stocks—digital representations of equities on blockchain platforms. The Securities Industry and Financial Markets Association (SIFMA), which represents traditional securities issuers and financial institutions, issued a formal letter to the Securities and Exchange Commission’s Crypto Task F...

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