By Emir Abyazov Key highlights: The SEC’s proposed rule would allow quicker, standardized approval for crypto ETFs, ending the need for individual fund reviews and accelerating market launches. The initiative aligns with White House efforts to modernize crypto regulation, including clearer guidelines for trading, storage, and innovation in digital assets. Recent legislative moves, like the […]
Tag: SEC
By Emir Abyazov Key highlights: The report proposes a clear classification system for cryptocurrencies as securities or commodities, with oversight split between the SEC and CFTC to reduce regulatory uncertainty. Banks would be permitted to provide crypto storage and related services, while a ban on developing a U.S. central bank digital currency is recommended to […]
By Emir Abyazov Key highlights: The SEC has postponed its ruling on the Truth Social Bitcoin ETF until September 18, also delaying decisions on other crypto ETFs like Grayscale’s Solana Trust and Canary Capital’s Litecoin ETF. The ETF, linked to Trump Media, would be the first crypto fund tied to a sitting president’s business interests, […]