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Posted by
Two Blokes Jul 25 -
Filed in
Crypto
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The U.S. Securities and Exchange Commission (SEC) has taken a major step toward potentially approving a spot Exchange-Traded Fund (ETF) for SUI, the native token of the Sui blockchain. The regulator has moved Canary Capital's ETF application into the “institution of proceedings” phase—a pivotal milestone that has sent a strong signal of increasing regulatory openness toward token-backed investment products.
