SEC Listing Standards to Boost Crypto ETFs: Bitwse

The US Securities and Exchange Commission streamlining the approval process for crypto exchange-traded products (ETPs) may trigger a surge of new offerings, but that doesn’t guarantee their success, a crypto executive warns. “The adoption of generic listing standards — which could come as early as October — will likely usher in a ton of new…

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Hong Kong Tightens Crypto Custody Standards

The Hong Kong Securities and Futures Commission (SFC) issued immediately effective guidance on cryptocurrency custody standards, introducing sweeping security requirements and a ban on smart contracts in cold wallet implementations. In a circular released on Friday, the regulator outlined prescriptive controls for licensed custodians of virtual assets. They include requiring a certified hardware security module,…

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