WFE urges organizers to tighten supervision of symbolic stocks star-news.press/wp

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Sujha Sundarajan

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Sujha Sundarajan

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August 25, 2025

The World Exchange Union (WFE), a group of stock exchanges, called on global organizers, including the United States of SEC and European ESMA, to tighten their supervision of “symbolic stocks”.

For every Reuters, WFE Send a message To monitor securities, which raises concerns about Blockchain stock shares. The message, which was sent last Friday, warned that these products “imitate” shares without providing shareholders ’rights or market trading guarantees.

Distinctive royal stocks are a company or assets through digital codes on Blockchain. However, investors do not become contributing to the company.

“We are annoyed by a large number of brokers and coding trading platforms that offer or intend to present the so -called distinguished American works,” WFE wrote to the organizers.

The coalition emphasized that these products are not equivalent to the distinctive symbols when marketing them.

Organizers to implement securities rules on symbolic stocks: WFE

Moreover, the UK’s Stock Exchange Association urged its headquarters to the United States Labor Squad, ESMA, and Global Securities Watchdog iosco, to implement securities rules to distinctive assets.

She added that the organizers must also clarify the legal frameworks of ownership and custody of these products and prevent them from marketing them as stock rewards.

WFE warned that stock exporters may suffer from “reputation damage” if the symbols fail. The group did not mention any brokers and trading platforms that were referring to it.

In June, the Robinhood Investment platform launched shares and the Union of Investment Funds circulating in the distinguished United States, after strong income and profitable growth.

The main players in the industry also made similar leaps. Central exchanges such as kraken are also an offer Trading shares listed in the United States, while Coinbase Intend For their $ WhatsApp shares code.

The distinctive stocks remain for securities – again

In July, Hyster Peres, Republican Commissioner of the Supreme Education Council, often referred to as “Mom of encryption”, said that any new forms of securities known as the “distinctive symbol” It still meets securities regulations.

She said at the time: “With the same strength, Blockchain technology, has no magic capabilities to transform the nature of the basic origins,” she said at the time. “The distinctive securities are still securities.”

With a market for distinctive arrows that suffer from rapid expansion, there is a clear shift in how to perceive traditional assets and use them in the digital economy.

Co Ringecko He revealed that the distinguished stock sector in the real world’s assets (RWAS) has grown by approximately 300 % – an increase of more than $ 8.6 million since the beginning of 2024 alone.

“Despite this impressive growth and the increase in institutional participation, the distinction of stocks-in itself-in itself-provides a few despair value that exceeds digital representation,” said Kevin Rashir, co-founder of RAAC.