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CryptoGon
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please like and share my last 2 pined posts bro
bilal saleem 01
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"$BNB — Told you, Bob! Now look at it fly 🚀💰 Rank soaring, holders stacking up!"
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The U.S. Securities and Exchange Commission (SEC) is advancing a new rule that could significantly impact the approval process for spot cryptocurrency exchange-traded funds (ETFs), including those related to XRP. This proposed regulation aims to streamline the approval process, potentially reducing the waiting period from 240 days to just 75 days by implementing a standardized framework . The SEC has also issued a 12-page guidance document outlining disclosure requirements for crypto ETFs. This guidance emphasizes transparency regarding custody arrangements, risks, and other distinctions specific to crypto ETFs . The intention is to enhance investor protection while supporting innovation within the crypto asset class. These developments indicate a shift in the SEC's approach under current leadership, moving towards a more structured regulatory environment for digital assets. While the new rule could facilitate faster approvals for crypto ETFs, it also introduces stricter regulatory standards, which may create additional barriers for some ETF applications. This evolving regulatory landscape underscores the importance of ongoing engagement and clarity in the digital asset space. #SECETFApproval
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please like and share my 2 pined psts
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follow like comment done munir
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