The U.S. Securities and Exchange Commission (SEC) is reportedly evaluating the implementation of a streamlined framework aimed at accelerating the approval process for cryptocurrency exchange-traded funds (ETFs). This initiative is expected to enhance market efficiency by reducing regulatory bottlenecks, potentially fostering increased institutional participation in the crypto asset space. Industry stakeholders anticipate that the SEC may unveil a preliminary draft outlining the proposed regulatory adjustments within the current month. Such a development could signify a pivotal shift in the regulatory landscape, aligning with broader efforts to integrate digital assets into traditional financial markets while maintaining robust investor protections.
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Source: https://en.coinotag.com/breakingnews/sec-eyes-new-framework-for-rapid-bitcoin-etf-approvals-draft-expected-this-month/