SEC holds meetings with BlackRock, Crypto Council to discuss crypto ETF rules
The US Securities and Exchange Commission’s (SEC) Crypto Task Force held separate meetings on April 1 with representatives from BlackRock and the Crypto Council for Innovation’s (CCI) Proof of Stake Alliance to discuss regulatory issues related to crypto exchange-traded products (ETPs).
According to memos about the meetings, BlackRock discussed the in-kind redemptions for crypto ETPs traded in the US. At the same time, the CCI included staking on ETPs among the topics discussed with the regulator.
Changes to crypto ETPs
BlackRock’s attendees included senior representatives from regulatory affairs, product engineering, ETF capital markets, and federal policy.
During its session with the Crypto Task Force, BlackRock presented a document…
