LTC price decreased more than 3 %

• American SEC is now seeking a general comment on whether the suggestion of ETF inserts is compatible with regulatory requirements.

• The agency can stop to give legislators an opportunity to issue clear encryption regulations.

The US Securities and Stock Exchange Committee (SEC) delayed decision -making to change the proposed base to the Litecoin ETF list. According to Sherry Hayoud, assistant secretary in the United States, the Union is now seeking to obtain general comments on whether the ETF inclusion proposal corresponds to organizational requirements, especially in preventing fraudulent practices and manipulation.

The agency gave the audience 21 days to provide their comments, while rejection comments can be made next to the next 35 days of May 5.

“The committee seeks to obtain comments on whether the suggestion and trade of stocks in the fund, which will carry LTC, is designed to prevent fraudulent acts, manipulations and manipulation or raises any new or new concerns that the committee has not previously thought about.” male.

More image and effect on the price of Litecoin

TTE US SEC, under Paul Atkins, is awaiting clear organizational guidelines from legislators. While the US Senate is preparing to vote on the genius law this week, the House of Representatives continues to pressure to enact a clear organizational view in the short term.

For example, the House of Representatives intends to clarify securities and encrypted goods, which will help SEC to make better enlightened decisions.

After this announcement, the LTC price fell more than 3 percent over the past 24 hours to trade at about $ 83.25 on Monday, May 5, during the trading session in the middle of the north. The Mediterranean Altcoin, with a fully diluted evaluation of about $ 6.9 billion, faces more short -term feelings.