The SEC approves exchanges to speed up the listing process of Bitcoin and gold ETPs
Internet reports that the U.S. Securities and Exchange Commission (SEC) has approved three exchanges to speed up the process of listing exchange-traded products (ETP) that hold spot commodities such as gold or Bitcoin. According to the SEC statement, the Chicago Board Options Exchange (CBOE), Nasdaq and the New York Stock Exchange have received regulatory approval to list commodity-based trust stocks provided they meet "approved general listing standards." "This approval helps maximize investor choice and promote innovation by streamlining the listing process and reducing barriers to obtaining digital asset products in the United States 'trusted capital markets," SEC Chairman Paul Atkins said in a statement. (Jin Shi)
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