Transfer Agents Urge SEC to Favor Company-Authorized Tokens Over Third-Party Rivals

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The Securities Transfer Association (STA), an industry group representing transfer agents, has lobbied the U.S. Securities and Exchange Commission over emerging tokenization rules. The group is pushing for company-authorized tokenization to receive preferential regulatory treatment in any future framework. STA warned that third-party tokens pose potential risks to overall market integrity. The lobbying effort reflects growing tension on Wall Street over how digital asset rules should be structured as tokenization expands.

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