World Federation of Exchanges Urges Crackdown on Tokens that Mimic Equities (WFE)

The World Federation of Exchanges (WFE) has urged global regulators to take decisive action against tokens that mimic traditional equities. The WFE warns that these tokenized equities, often issued by unregulated brokers or crypto platforms, can fragment liquidity, undermine price discovery, and deny investors essential shareholder rights and protections. Concerns also include unclear legal claims and weak disclosure standards. The WFE calls for technological neutrality in regulation, ensuring that tokenized and traditional equities are held to the same high standards, with coordinated international oversight to tackle legal loopholes and safeguard both investors and issuers. [Source: WFE]

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