A federation of stock exchanges has sent a letter to the U.S. Securities and Exchange Commission, urging the regulator to remove special exemptions given to crypto firms offering tokenized stocks. In a letter sent last week to the SEC’s Crypto Task Force, the World Federation of Exchanges, whose members include the Nasdaq, Cboe, and CME Group, told the agency that exemptive relief should not be used to fast-track crypto trading platforms into roles that resemble national securities exchanges without requiri ...