asia 704 crypto neutral
The Securities and Exchange Commission (SEC) has delayed its decision on the listing of spot Bitcoin and Ether exchange-traded funds (ETFs). The SEC delayed making decisions until Dec. 25 and Jan. 10, respectively, for spot Ether ETFs from VanEck and ARK 21Shares, while GlobalX will have to wait until Nov. 21 for the commission’s decision. It also delayed deciding on the spot Bitcoin ETF applications of Invesco, Bitwise and Valkyrie until mid-January. Meanwhile, the Shanghai No.2 Intermediate People’s Court in China has recognized Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value. Taiwan’s Financial Supervisory Commission (FSC) has released industry guidelines for virtual asset service providers (VASP) operating in the country. The FSC also required foreign VASPs to refrain from providing their services in Taiwan without obtaining necessary approvals from the regulator. The Securities and Futures Commission (SFC) of Hong Kong will publish a list of all licensed, deemed licensed, closing down, and application-pending virtual asset trading platforms (VATPs) to better help members of the public identify potentially unregulated VATPs doing business in Hong Kong. The SFC said it will also keep a dedicated list of “suspicious VATPs,” featured in an easily accessible and prominent part of the regulators’ website.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries 🇭🇰 🇨🇳
Sentiment neutral
Relevance Score 8
People Wiley Nickel, Mike Flood, Tom Emmer, None, Ritchie Torres
Companies Securities and Exchange Commission (SEC), ARK 21Shares, Invesco, Bitwise Asset Management, VanEck
Currencies New Taiwan Dollar, US Dollar, Ethereum, Hong Kong Dollar, Bitcoin
Securities None

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