Policy & Regulation
Asset Management Giant BlackRock Held Meeting With SEC To Discuss Crypto Staking, Tokenization and More
Credit : dailyhodl.com
The most important asset supervisor on this planet met the US Securities and Trade Fee (SEC) to debate varied points of its crypto -market regulation.
In response to a brand new memo, Asset Administration Big BlackRock met the Crypto Process Pressure to debate crypto-deployment, asset-tokenization, the corporate of digital asset merchandise, crypto exchange-traded product (ETP) approval requirements, in addition to choices about crypto ETPs.
“On Could 9, 2025, the employees of the Crypto Process Pressure met representatives of BlackRock, Inc. The topic mentioned was approaches to sort out points associated to the regulation of crypto property.”
The SEC Crypto Process Pressure, led by Commissioner Hester Peirce, was launched in January 2025 by the then performing chairman Mark T. Uyeda to create clear crypto tips and to supply sensible paths for registration.
Earlier this month, BlackRock, which has greater than $ 11 trillion beneath his administration, remained his enlargement on this planet of digital property as a result of it purchased billions of {dollars} from Bitcoin (BTC), the most effective crypto -active per market capitalization.
Knowledge from Bitcoin Treasuries reveals that the IShares Bitcoin Belief (IBIT), BTC-based Trade-Traded Fund (ETF) from BlackRock, presently 620,252 BTC has about $ 64.327 billion.
Ibit, which was launched in January 2024, is presently the most important BTC-based ETF and has the document for probably the most profitable ETF launch in historical past.
Bitcoin acts for $ 103,213 on the time of writing, a marginal enhance over the past 24 hours.
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