#BinanceTurns8 The SEC is pushing forward a new rule that could reshape how spot crypto ETFs, including XRP-related ones, are approved. The proposal aims to reduce the lengthy 240-day approval process to just 75 days through a streamlined, standardized framework. Alongside this, a detailed 12-page guidance document has been released, focusing on disclosure requirements such as custody, risk factors, and crypto-specific issues. These steps show a shift in the SEC’s approach—balancing investor protection with innovation. While the new rule may accelerate ETF approvals, it also introduces tighter regulations, highlighting the need for clarity and active engagement in the evolving crypto space.
#SECETFApproval #BinanceTurns8 $SOL