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SEC delays decisions on several crypto ETFs amid work on streamlined approval process – TON BOT

SEC delays decisions on several crypto ETFs amid work on streamlined approval process

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The Securities and Exchange Commission (SEC) postponed decisions on nine cryptocurrency exchange-traded fund (ETF) applications, including Bitcoin, XRP, Litecoin, and Dogecoin. The delays are due to the SEC’s efforts to create a comprehensive digital asset framework. Analysts suggest this approach aims to establish approval criteria before greenlighting individual applications, potentially leading to generic listing standards for token-based ETFs. This could change the current case-by-case review process and allow for quicker approval of cryptocurrency ETFs. The first altcoin-related ETF approvals may come in October.

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