Crypto News

BlackRock Met SEC Crypto Task Force Over ETF Staking

Earlier today, the SEC's Task Task force met with representatives from Blackrock to discuss some crypto regulations. The meeting covers several topics, including staking, tokenization, and ETFs.

Blackrock sent nine representatives to this meeting, including the head and director of both digital assets and regulations. Most of the discussion remains secret, but it is clearly a high level of conversation.

Blackrock is meeting with the SEC

Since the SEC arrived under the new management during the Trump administration, the new Crypto Task Force has emerged a lot of operations. This will consult private crypto regulation companies on many previous occasions, and now there is no exception.

Blackrock's Meeting With the SEC concerned some of the leading priorities associated with the crypto, according to the agenda:

“We are asking for a meeting … To discuss the following topics: a general identity of Blackrock's digital assets suite, views on … Considerations for facilitating ETPs with stacked capabilities, promotion of tokenization of security, specific factors that can be applied for the approved crypto etps, [and] Standards … For Crypto ETP options, “Read the Blackrock agenda.

Usually, the agenda only mentions extensive categories of products. However, the first point of the bullet was directly addressed by some specific blackrock products. It is safe to assume that the SEC discussions are prominently featuring its own blackrock offerings.

For example, BlackRock asked if the SEC would discuss ETPs, but the firm releases the world's largest Bitcoin ETF. It is safe to assume that Ibit will come through the talks. The firm has repeatedly asked for approval for ETF staking, as the SEC consent remains elusive.

Blackrock also mentioned in many other product offerings in the SEC. For example, the request responded to a “overall -analysis of market development” about Buidl, Blackrock tokenization fund.

Buidl has almost certainly re -exposed to greater discussions with RWA tokenization, which is featured in the meeting agenda in many other places.

There are no other details about this closed-door meeting. Fortunately, Blackrock includes a full list of company representatives who met with Sec.

The firm sent nine attendees, most of them derived from digital assets and regulations. The heads and directors of both divisions are present, signed the high level of nature of these conversations.

Ultimately, it is difficult to determine how this BlackRock meeting exactly influenced the Sec. The commission has recently been undergoing a fire due to a favorite in the crypto industry; It can be complicated by its operations.

However, the Task Force continues to host closed-door discussions like this, revealing its ongoing interest in cooperation in the industry.

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