SEC Engages NYSE Executives on Crypto Asset Integration

The U.S. Securities and Exchange Commission (SEC) has been actively engaging with key industry players to discuss the regulatory framework for integrating crypto assets with traditional capital markets. Recently, the SEC's cryptocurrency working group held a meeting with senior executives from the New York Stock Exchange (NYSE) to delve into several critical areas.

The discussions focused on three main topics. First, the regulatory path for tokenized stocks, which involves exploring methods to "tokenize" traditional stocks to enhance settlement efficiency. Second, the general standards for the listing of spot crypto asset ETFs, aiming to promote the compliant listing of mainstream crypto products such as Bitcoin (BTC) and Ethereum (ETH) on exchanges. Third, the establishment of a fair competition mechanism to eliminate the unequal regulatory environment between centralized platforms and gray channels.

According to BiyaPay analysts, these discussions signal a strong intent from regulators to integrate crypto assets with the U.S. stock market. This integration could pave the way for more compliant and liquid investment paths, allowing ordinary investors to enjoy cross-asset and cross-market investment opportunities. Specifically, the use of USDT (Tether) for investing in U.S. stocks could become a more viable and regulated method, providing investors with greater flexibility and access to popular U.S. stocks and ETFs.

BiyaPay, a platform that supports USDT for trading U.S. and Hong Kong stocks, is positioning itself to capitalize on this emerging trend. By enabling real-time purchases of popular U.S. stocks and ETFs without the need for an offshore account, BiyaPay aims to offer a seamless and efficient investment experience. This development aligns with the broader regulatory push to integrate crypto assets into traditional financial markets, potentially opening up new avenues for investors to diversify their portfolios and participate in the growing crypto economy.