BlackRock, the asset management giant overseeing over $11 trillion, recently engaged with the U.S. Securities and Exchange Commission (SEC) to discuss critical aspects of cryptocurrency market regulation. Priorities discussed at the meeting - Crypto staking - The tokenization of assets - Exchange-traded product (ETP) approval standards This further highlights BlackRock’s...
World’s largest asset manager, BlackRock, is currently at the center of significant negotiation with the U.S. Securities and Exchange Commission (SEC). In all, this engagement marks an important moment in writing the future of cryptocurrency regulation. These talks, involving nine BlackRock executives, center on overhauling existing regulations to better accommodate...
BlackRock in talks with the SEC to discuss the regulation of crypto? Sounds like a yawn-fest, right? Wrong. This isn't just another routine check-in. The stakes in this poker game are extremely high, with the future of digital assets at play. The devil is in the regulatory details.Tokenisation's Potential, Regulatory...
BlackRock engaged with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9th to seek clarification on cryptocurrency regulations. The main topics of the conversation were tokenization, staking, and the approval process for exchange-traded products (ETPs). This meeting is a testament to BlackRock’s forward-thinking strategy to adapt...
During this period, BlackRock was deeply involved in working with the SEC Crypto Task Force to promote the approval of crypto Exchange Traded Products (ETPs) and tokenization. They provided profound guidance on technical aspects, current workflows, and integrating staking functionalities in ETPs. The conversations follow up on an earlier session...
The SEC’s Crypto Task Force has certainly been hard at work. Very busy. Two such meetings with BlackRock directly in recent months, diving deep on everything from Bitcoin ETFs to tokenization. What’s being discussed behind closed doors? Most significantly of all, who’s doing the talking. Are we witnessing the future...
BlackRock, the largest asset management firm in the world, recently faced scrutiny before the U.S. Securities and Exchange Commission (SEC). Their testimony shed light on pressing topics involving the regulation of cryptocurrency spot Exchange-Traded Products (ETPs), representing a watershed moment in the ongoing regulatory development of digital assets. This meeting,...
The SEC is pursuing an aggressive enforcement stance to bring the crypto industry under its regulatory purview. This strategy has sparked controversy and fostered confusion among industry players. The SEC has done a tremendous amount in their ongoing efforts to protect investors and enforce our securities laws. The IRS culture...
The SEC, for most of those in the crypto space, brings to mind something closer to a sense of foreboding, if not outright terror. It’s a harsh, unilateral regulator doggedly seen as holding a hammer that finds every new crypto startup a nail. Imagine if the SEC had a toolkit,...
It’s the SEC’s job to protect investors. It has gone on to produce fear and confusion among the crypto community. The agency’s most recent overreaching move, namely its aggressive enforcement stance, is choking out innovation and forcing companies to leave the country. It's time to ask: Is the SEC protecting...
