The U.S. Securities and Exchange Commission has yet to approve any spot bitcoin exchange-traded fund (ETF) listings to date, the regulator's commissioner Mark Uyeda said at the sidelines of a forum in Singapore on Wednesday.
"We've had a number of applications ... none of those have been approved to date," said Uyeda, who was in Singapore to speak at the ICI Global Asset Management Asia Forum.
Earlier this month, the SEC delayed a decision on whether to allow a spot bitcoin ETF by stock-picker Cathie Wood's Ark Invest and crypto investment product firm 21Shares US to list and trade on Cboe Global Markets until Jan. 27. The regulator has rejected over a dozen spot bitcoin ETF applications, and approved several bitcoin futures-based ETFs. The rejections have focused on applicants' lack of surveillance-sharing agreements with regulated markets relating to the spot funds' underlying assets.
Such agreements entail sharing trade data and other information to allow the exchange to detect manipulation.The past few weeks have been turbulent for the cryptocurrency sector, after major exchange"We have always had these concerns and so we continue to think of these issues we continue to take enforcement actions", he said, when asked about how the regulators' thinking has shifted after the FTX collapse.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China-focused ETFs jump amid sign the country may be on path toward looser COVID policiesShares of exchange-traded funds focused on Chinese stocks were jumping Tuesday afternoon amid investor optimism that China is moving toward easing its...
Leer más »
Sam Bankman-Fried Called to FTX Hearing by Texas Securities RegulatorTexas regulators have called former FTX_Official CEO SBF_FTX to a hearing in February to answer claims that FTX offered unregistered securities through its yield-bearing service. jesseahamilton and cheyenneligon report
Leer más »
Ripple Ally and SEC Unable to Reach Resolution with Respect to RemediesAfter being defeated by SEC, LBRY has filed status report, stating that it cannot reach agreement with SEC regarding remedies
Leer más »
Ousted Five Years Ago at Ole Miss, Hugh Freeze Is Back in the SEC at AuburnAuburn’s hiring of Hugh Freeze caps a remarkable turnaround for a coach who was driven out at Mississippi over “a pattern of personal misconduct” involving calls to escort services
Leer más »
SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years – Regulation Bitcoin NewsThe SEC has revealed some initiatives involving crypto in its strategic plan which are among its top priorities over the next four years. cryptocurrency
Leer más »