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If these assets are deemed illiquid how will funds comply industry will address four major questions that raise concerns:. Custody - How will funds custody these assets if they to meet redemptions.
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Dalia blass letter crypto | The Securities and Exchange Commission, under Chair Gary Gensler, has approved several spot bitcoin exchange-traded funds, which will track the cryptocurrency's price. Without new, crypto-specific from congress, he has asserted most cryptocurrencies are securities, and therefore, they fall under the SEC's purview. Streaming Now. In , Dalia Blass, who was then the director of the SEC's division of investment management, raised a series of questions about spot bitcoin ETFs in a letter to two industry groups. Bitcoin is on a tear. The U. According to Henry Hu, who teaches banking and finance at the University of Texas Law School, the involvement of these big investment firms will burnish the perception of cryptocurrencies. |
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THIS IS WHY BITCOIN IS PUMPING!!!Background. In January , Dalia Blass, the then-director of IM, issued a letter (the �Cryptocurrency Holdings Letter�) to the heads of the. Dalia Blass, director of investment management at the SEC, wrote in a letter addressed to two U.S. trade groups. ETFs are investment funds. Re: Staff Letter: Engaging on Fund Innovation and Cryptocurrency-related Holdings. Dear Ms. Blass: We are a group of blockchain and.
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