US Securities and Exchange Commission (SEC Crypto Assets Cash of Cash.
In an annual Tuesday, the regulator stated that the attendance Bitcoin (BTC) and Ether (Eth) would be allowed to form and capitalize on the A-Kind basis.
SEC president Paul Atkins said in a statement, “This is a new day in SEC, and a major priority of my presiding Crypto is restoring a fit-for-pasting regulatory framework for the Associate Markets.”
Etkins said that the new rules will make Crypto ETS “less expensive and more efficient”.
“The construction and redemption of in-redemption provides ETP issuer, authorized participants and investors, resulting in a more efficient market, and the market in SEC.
This is a developing story, and further information will be added as it is available.
