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What approvals are reported by the SEC (SEC approval)

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What approvals are reported by the SEC? According to official sources, the SEC

What approvals are reported by the SEC (SEC approval)

What approvals are reported by the SEC? According to official sources, the SEC has approved cryptocurrency and blockchain companies. Although there are now many different ways to obtain approval or apply for these licenses, let’s see how the registration process works.

According to a report published by the U.S. Securities and Exchange Commission (SEC), they have received documents and materials from some national institutions and companies to evaluate the approval of certain valuable services, including exchanges, custodial services, and other related services. In addition, the SEC has also issued an open letter – “Why Implement a Special Approach to Our Business”. In the official statement, it is mentioned that “In order to ensure our ability to protect customers and comply with regulations, the SEC will provide investors with any information related to the entities we serve.”

Regarding this announcement, the SEC believes: “If we can determine which specific laws or administrative departments certain types of companies need to be supported by.”

SEC Reply

The U.S. Securities and Exchange Commission (SEC) has made a reply to a previous order, which requires them to immediately start providing information about cryptocurrency and token products after being registered and approved by the SEC. It has been reported that the SEC has submitted a letter requesting the transfer of relevant documents to the federal court. It is reported that this report was first published by the SEC on November 18, 2020.

According to the latest document, the SEC states that it has no power or obligation to prevent charges against the SEC. Therefore, the SEC must make a decision on this matter by early 2021.

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