Australia’s Top Securities Regulator Says Will Approve Bitcoin ETF | Instant News


The Australian Securities and Investments Commission (ASIC) has given pre-approval to fund managers looking to launch Bitcoin exchange-traded funds (ETFs), according to Business Insider.

Many Australian funds have started the application process after the green ASIC turned on the spot ETF. After months of consulting with experts in the Bitcoin and crypto industry, the company’s regulators issued new guidance for the space, and detailed draft regulatory requirements for funds wishing to offer Bitcoin spot ETFs.

.



image source

to request modification Contact us at Here or [email protected]