#SECETFApproval
The Securities and Exchange Commission is the first step towards the regulations governing cryptocurrency exchange-traded funds.
The SEC is moving towards a new framework for cryptocurrency exchange-traded funds.
The guidelines represent the latest major change in how regulators are approaching crypto assets.
The measures lay the groundwork for a wave of new crypto products to emerge.
July 7 (Reuters) - The new guidelines from the U.S. Securities and Exchange Commission regarding disclosure requirements for cryptocurrency-linked traded products.
This is seen as the first step towards approving dozens of applications for exchange-traded funds linked to everything from Solana and XRP to the meme coin named after President Donald Trump.
