US Senators have proposed giving the CFTC authority to regulate digital commodities.
The deadline for written submissions is 5th September 2022.
FIX is due to launch standards for digital assets.
Management remains optimistic about the long-term opportunity in digital assets.
A robust sector taxonomy helps recognize similarities between digital assets which lead to correlated returns.
CFTC chairman said the US patchwork of rules is proving increasingly inadequate.
Coinbase has also filed a petition with the SEC for rule making in the crypto market.
The decision to raise capital with INX under U.S. securities laws is a pioneering step.
BNP Paribas Securities Services is working with Fireblocks and METACO.