The year so far has seen the United States completely reviewing its Cryptocurrency policy. It has taken another step Friday, with an authority that tries to implement another groundbreaking change. In fact, in one Latest archivingUS Securities and Exchange Commission (SEC) Crypto Task Force discussed the introduction of crypto efforts in exchange traded products (ETP).
Crypto Task Force first announced by Sec I At the end of January by acting chairman Mark Uyeda. In fact, its presence was to facilitate the creation of a clear regulatory framework for the asset class to encourage innovation in the United States. These efforts continued with the agency that discussed the presence of making in cryptob -based investment products.
Just in: 🇺🇸 Sec’s Crypto Task Force discusses integration in ETP with several companies.
– watcher.guru (@watcherguru) February 14, 2025
Sec Crypto Task Force File shows that Staking in ETPS may be on the way
Since US President Donald Trump was inaugurated for his second non-compliant term at Oval Office, the Cryptocurrency sector has been a gathering point. The creation of one crypto layer In addition to a relocated Sec has defined its biggest changes. In addition, it is far from the agency that adopted a regulation-by-enforcement strategy according to the former chairman, Gary Gensler.
These efforts continue today when the agency looks to introduce a much -awaited transition to cryptob -based investment products. Specifically, SEC’s crypto working group will discuss the introduction of crypto efforts in ETPs. The issue was raised in an application that was released on Friday.
Also read: SEC Transfer Top Crypto Litigator to the IT department?
In the filing, they acknowledge that the agency had previously “requested that issuers remove the stake function” from the respective application. “We understand that the staff can now be susceptible to revise in ETH and the other Cryptoasset ETP, including in connection with new applications submitted for a solar ETP,” they added.
