SEC’s Crypto Circus: Tokenized Stocks or Financial Chaos? 🎪💸
The World Federation of Exchanges (WFE), a bastion of traditional wisdom in a world gone mad, has sounded the alarm. In a letter dripping with urgency, they decry the proliferation of these “stock tokens,” which masquerade as legitimate investments while lacking the very essence of what makes a stock a stock. “A plethora of brokers and crypto-trading platforms,” they write, “offer these fraudulent instruments, endangering both market integrity and the souls of investors.” 😱💼