The SEC’s new crypto rules are a win for free markets — and for America
The following is a guest post and opinion from Jeremy Boynton, Co-Founder of Pure Crypto.
As Washington’s shutdown drags on, now is a good moment to step back and assess a SEC decision that could shape innovation, advisors and everyday investors for years to come.
In a quiet but monumental shift, the Commission recently approved generic listing standards for crypto exchange-traded products (ETPs). That means exchanges can list qualifying crypto ETPs without submitting a separate rule filing for each product — a structural change that ends years of case-by-case limbo.
The impact of this development cannot be overstated, and should be on the short list of industry breakthroughs — along with moments like CME’s Bitcoin futures debut…
