In a recent update, the SECURITIES AND EXCHANGE US Commission (SEC) recently met Jito Labs and Multicoin Capital to explore an exciting possibility – adding milestones to negotiated products in exchange (ETP). This meeting is part of the continuous push of the dry to shape a clear and structured regulatory framework for the investments of cryptocurrencies.
On February 14, the Crypto Working Group of the United States Dry published a memorandum revealing the meeting. The discussion, which was held on February 5, focused on the integration of implementation in ETPs based on cryptography. The participants included the CEO of Jito Labs, Lucas Bruder, Clo Rebecca Rettig, and the Partner Director of Multicoin Capital Kyle Samani, as well as the Advocate General Greg Xethalis.
In particular, the discussion was centered on two main subjects: if a beach could be added to cryptographic and how it could be implemented. The file suggests that adding stake could benefit investors while helping issuers secure blockchain networks.
In particular, the working group is considering two options to mark out in ETPs: one allows part of the assets to be marked via service providers performing validators, and the other leads a liquid token for each asset Marked, essentially allows redemption.
“Restoring the clearing in the ETPs Cryptoasset (i) investors, by paralyzing the productivity of the underlying assets and depriving investors of potential returns, and (ii) network security, preventing a significant part of The circulating offer of an asset to be prevented “, the meeting notes read.
According to documents, the SEC has been cautious about the implementation of ETFs for three main reasons. “Non-“ periods ”could slow down the buy-back process for investors and complicate tax implications. There is also an uncertainty as to whether the implementation as a service has as a transaction in securities.
In addition, the SEC examines several proposals for ETF Solana (soil), as asset managers and exchanges to list alternative crypto ETFs. Last year, Vaneck became the first company to deposit a product classified as Sol Exchange, in the hope of obtaining a first engine advantage in the event of a change in regulation with a potential Trump elections victory.
