The SEC's cryptocurrency working group met with representatives from CoinShares to discuss issues related to the regulation of crypto assets

ChainCatcher news reports that, according to official sources, the U.S. Securities and Exchange Commission (SEC) crypto special team has held talks with representatives from CoinShares International Limited and its legal advisor Chapman & Cutler LLP to discuss the regulatory challenges faced in launching crypto asset exchange-traded products (ETPs) in the United States.

It is reported that the topics discussed in the meeting included: how to integrate staking mechanisms into the ETP structure, appropriate standards for reviewing new digital asset ETP rule change applications, issues related to crypto asset custody, comparisons between physical and cash redemption mechanisms, and the feasibility of registered investment companies investing in digital asset ETPs.

CoinShares also introduced its crypto asset ETP business in Europe, where the company manages over $6 billion in assets and offers 20 publicly listed ETP products covering 13 digital assets and 3 digital asset indices.