Tag: WFE

SEC’s ‘Innovation Exemption’ for Tokenised Stocks – Wall Street Warns Against a Backdoor for Unregulated Crypto Markets

Crypto Compliance Ben - November 28, 2025

A new battle line has opened in U.S. crypto regulation. As SEC Chair Paul Atkins floats an “innovation exemption” to let crypto firms sell tokenised stocks without full broker-dealer or exchange regulation, the World Federation of Exchanges (WFE) – representing Nasdaq, Deutsche Börse and other major venues – has warned that such relief would let crypto platforms bypass safeguards that have protected investors for decades.

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