BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules
BlackRock representatives met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9 to seek guidance on a range of crypto regulatory issues, including tokenization, staking, and approval frameworks for exchange-traded products (ETPs).
According to the meeting memo, BlackRock reviewed its digital asset offerings, including the iShares Bitcoin Trust (IBIT), the proposed iShares Ethereum Trust (ETHA), and the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
The firm used the opportunity to solicit input on how current and future products might be regulated under federal securities laws, particularly as the digital asset market matures.
The meeting included senior representatives from regulatory…
