- He met Blackrock with SEC on May 9 to discuss Crypto ETP rules, tricks, and distinctive symbol.
- SEC round table is scheduled to be determined on the distinctive code on Monday.
He met Blackrock with the US Securities and Exchange Committee The task of encryption Power to address regulatory concerns encryption. The meeting, which was held on May 9, focused on the rules of exhaustion and the distinctive symbol and producer in exchange (ETP), according to a public memo.
During the session, Blackrock representatives discussed how the evaluation features can be added to Etps Crypto. They emphasized the need to balancing investor protection with innovation. The company also shared views on the ETPS Crypto structure under the current securities regulations.
In addition, Blackrock raised questions about the options on Crypto ETFS. The company requested clarity on how to set situations and exercise boundaries. The liquidity thresholds and the characteristics of the basic assets were part of the discussion. These conversations were followed recently SEC consent Trading options on Spot Ethereum Etfs, including Blackrock’s.
Distinguished symbol conversations and compliance
Blackrock also discussed the distinctive symbol. The company requested notes on combining symbolic assets in the framework of federal securities. The distinctive symbol includes the representation of assets in the real world as digital symbols on Blockchain networks.
The meeting followed a similar session on April 1, where Blackrock explores Stokeing and ETP rules. This time, the conversation expanded to include the distinctive symbol. Blackrock organizational representatives, legal assets, digital assets, and ETF departments attended.
Blackrock reviews digital assets, such as ISHARES Bitcoin Trust (Ibit), ISHARES ETAREUM TRUST (ETHA), and Blackrock USD (Buidl). She requested instructions on how to comply with these and future products of federal rules.
The company also suggested temporary criteria for Crypto ETP. It encouraged the Supreme Education Council to provide the blog guidance before setting the final rules. The discussion touched on Article 6 (B) of the exchange law, including criteria such as market safety and investor protection.
Blackrock’s growing encryption includes $ 5.4 billion in bitcoin -related stocks, and it was revealed in the Q1 2025 13F file. The company also reported its revenues of $ 32 million of ISHARES Bitcoin’s confidence during the same period.
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