According to sources, the bank successfully argued in closed-door consultations with Securities Exchange Commission staff that wallets and spot bitcoin exchange-traded products should be exempt from cryptocurrency guidance.
Aaron Jacob, head of accounting solutions at TaxBit, which provides crypto accounting products to exchanges and investors, said Financial Institution Group is increasingly eager to participate in the crypto industry, especially now that the Securities Exchange Commission has approved spot bitcoin products.
Previously, it was reported that the SEC allowed certain companies to circumvent controversial cryptocurrency accounting announcements
Sources: Bank in consultation with SEC says wallet and spot bitcoin ETFs should be exempt from crypto guidance
2024-07-12 02:36:19
According to sources the bank the United States the Securities and Exchange Commission the staffdesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
消息人士：银行在与SEC磋商中称钱包和现货比特币ETF应不在加密指导范围之内Next article：
美国SEC获准对4500万美元Coindeal欺诈案的缺席判决
