Just In: US SEC Meets Jito Labs and Multicoin Capital to Discuss Staking in ETPs

Quick Summary:

Securities and Exchange Commission (SEC) held a meeting with Jito Labs and Multicoin Capital to discuss the potential inclusion of staking in exchange-traded products (ETPs).

This discussion was part of the SEC’s ongoing efforts to establish a clear regulatory framework for cryptocurrency investment products.

One approach involves allowing a portion of the assets in an ETP to be staked through service providers who operate validators, ensuring that investors can still redeem their holdings in a timely manner.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Crypto task force 24/7 Cryptocurrency News US SEC Regulation News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-14 @ 16:17:37 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 233 words

Reading Time: 2 minutes read

Sentences: 36 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26149441

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Year Established: 2017

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News Last Updated: 8 hours ago

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