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🪙 Crypto
Wall Street transfer agents warn SEC that third-party tokens threaten market integrity
The Securities Transfer Association (STA), an industry group representing Wall Street transfer agents, has lobbied the SEC to give preferential regulatory treatment to company-authorised tokenisation over third-party tokens. The group warns that tokens issued by outside parties pose risks to market integrity. The move is part of the broader US debate over how to regulate crypto assets and tokenisation of securities.
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