SEC Greenlights In-Kind Transactions for Crypto Exchange-Traded Products
Main Idea
The content lists various cryptocurrency casino bonuses and promotions, including deposit bonuses, free spins, and no-KYC policies.
Key Points
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2. No-KYC policies and VPN-friendly features are highlighted for some promotions.
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Description
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that “authorized participants” (APs) for crypto exchange-traded products (ETPs) can now execute in-kind transactions, in line with all other commodity-based ETPs. APs are financial institutions that create and redeem ETP shares based on market demand. The creation and redemption processes are most efficient and cost-effective
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