The US SEC released, and crypto ETPs are about to be listed
Original title: "U.S. SEC releases, crypto ETPs are about to be listed!" Original
source: BitPush
On September 17, local time, the U.S. Securities and Exchange Commission (SEC) "accelerated the approval" of the Generic Listing Standards for cryptocurrency trading platform exchange-traded funds (ETFs). It paves the fast lane for related products to enter public offerings and transactions.
1. Universal listing standards: From "case-by-case approval" to "one-click listing"
Previously, the listing of crypto ETPs was a long, expensive, and high-risk process. Issuers are required to submit special applications for each new asset to prove that their market is sufficiently liquid and not manipulated, and the SEC has a review period of up to 240 or even 270 days.
The impact of the Common Listing Standards is revolutionary:
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