The SEC holds meetings with BLACKROCK and CRYPTO COUNCIL to discuss the Crypto ETF rules.

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The encryption task force of the US Securities and Exchange Commission (SEC) held a separate meeting on April 1 with representatives of the BLACKROCK and CRYPTO COUNCIL for Innovation (CCI) on April 1 to be related to the Crypto Exchange-Traded Products (CCI) We discussed regulatory issues.

According to a note on the meeting, BLACKROCK discussed in -kind restrictions on encryption ETPs traded in the United States. At the same time, the CCI included a staying for the ETP among the topics discussed with the regulator.

Crypto ETPS change

Participants at Blackrock included regulatory work, product engineering, ETF capential markets and senior representatives of federal policy.

During the session with the Crypto Task Force, Blackrock has published a document that details the role of market participants who support the cash models used in existing workflows and ETPs. The company also solved how this system can be applied to potential spot models for future encryption -based funds.

Separately, the SEC met members of Stake Alliance proof after the cryptocurrency innovation consultation.

The group consisted of companies such as A16Z, Paradigm, Consensys, Alluvial, LIDO LABS FOUNDATION and Marinade, discussing the effects of stewed topics and encryption ETPs.

The agenda included reviewing a variety of staying models, including liquid, custody and unlimited non -parenting staying. Participants also presented the Staying Industry Principles to inform the user participation in the regulatory processing and understanding of the effective inspector operation.

The discussion also explained how Staying Compensation, Validation Liability and Service Provider’s relationship affects the evaluation of risk profiles and potential steaking support encryption ETPs.

Staying for encryption ETP products

Participation in the SEC’s Blackrock and the Stake Alliance signal proof of the systematic interest in developing the regulatory clarity of encryption financial products.

The discussion is as follows Initial meeting SEC’s encryption task force was held on February 5.

Participants, including CEO of Jito Labs CEO Lucas Bruder and Kyle Samani, a multicoin Capital Managing partner, argued that Staying is essential for steak chains such as Ether Leeum and Solana.

They pointed out that they could reduce investors’ profits and damage the functional usefulness of POS assets, except for steaks of ETP. The Jito Labs and Multicoin Capital representatives have proposed two models to solve the concern of the SEC.

While the “service model” is partially allowed through third -party fluids while maintaining the fluidity of the restraint, the “liquid staking token model” can hold the liquid stake token.

The results of the regulatory results have not been disclosed, but the meeting forms a part of the ongoing review process of the SEC by evaluating the technology and legal frameworks of the Crypto ETP.