In the digital currency market, regulation has always been the focus of investors. Recently, the U.S. Securities and Exchange Commission (SEC) has postponed its ruling on Bitcoin and Ethereum again, causing anxiety and speculation in the market. This move not only affects the price trend of digital currencies, but also affects the nerves of the entire financial technology industry. This article will focus on the event of the SEC's postponement of the ruling, analyze its impact and the reasons behind it from different angles, and take you to have an in-depth understanding of the latest developments in digital currency regulation.

The news that the SEC has postponed the ruling on Bitcoin and Ethereum again is like a boulder thrown into the lake, stirring up ripples. Investors have become vigilant and the market atmosphere has become tense. The SEC's ruling is directly related to the legal status of Bitcoin and Ethereum. Once the ruling results are released, it will directly affect the future trend of the digital currency market. For the digital currency industry, this is a severe test and a turning point for future development.

The reason why the SEC postponed the ruling again must be due to complex considerations and intertwined interests. From a regulatory perspective, the SEC hopes to spend more time to gain a deeper understanding of the characteristics and risks of the digital currency market in order to formulate a more comprehensive and effective regulatory policy. After all, the particularity of digital currency makes it difficult to regulate, requiring more meticulous analysis and research. The postponement of the ruling may be a wise choice made by the SEC after weighing the interests of all parties.

At the same time, various speculations and rumors have emerged in the market. Some people believe that the SEC postponed the ruling to avoid causing too much impact on the digital currency market, while others believe that the SEC may be formulating a more relaxed regulatory policy. Although these rumors cannot be confirmed, they reflect the market's concerns and expectations about digital currency regulation. No matter what ruling the SEC ultimately makes, it will have a far-reaching impact on the digital currency market, which is also the focus of market participants.

Behind the turbulent digital currency market, the importance of supervision has become increasingly prominent. It is the standardization and transparency of supervision that can ensure the healthy development of the digital currency market and the legitimate rights and interests of investors. The SEC postponed the ruling on Bitcoin and Ethereum again. Although it temporarily stirred up the market, it also provided more time for regulatory authorities and industry entities to improve the regulatory mechanism and promote the digital currency market to better move towards standardization and stability.

In general, the SEC's postponement of the ruling on Bitcoin and Ethereum again is both an inevitable process for the development of the digital currency market and a wise choice for regulatory authorities after weighing the pros and cons. The digital currency industry will still face many challenges and opportunities, and the standardization and transparency of supervision will be the key to the healthy development of the industry. I hope that in the near future, the digital currency market will have a brighter development prospect, bringing more opportunities and possibilities for investors and industry development. The SEC's ruling will be a weather vane for the market, and we will wait and see the future of the digital currency market.

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Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The U.S. Securities and Exchange Commission (SEC) announced on Monday that it would postpone its decision on three exchange-traded fund (ETF) proposals.

Earlier this year, asset management companies Bitwise, VanEck/SolidX and Wilshire
Phoenix each filed bitcoin-based ETF applications with the SEC, hoping to become the first regulated bitcoin-based investment tool.

The SEC decided on Monday to postpone the final decision on the Bitwise and VanEck/SolidX proposals to October 13 and October 18. The next decision on the Wilshire
Phoenix proposal is September 29.

The first two ETF proposals submitted last year came from VanEck/SolidX and Cboe
BZX, but were withdrawn in January due to the long government shutdown. Since then, Bitwise and Arca have submitted their own ETF proposals, and VanEck/SolidX has resubmitted the ETF proposal.

On May 14, the SEC postponed its decision on Bitwise's ETF proposal. A week later, the SEC postponed its decision on VanEck/SolidX's ETF proposal. Wilshire Phoenix's proposal to list an ETF on the New York Stock Exchange Arca comes from a rule change in June this year.

So far, the SEC has not approved any Bitcoin ETF proposals in the United States.

Earlier, SEC Commissioner Robert Jackson said that when the crypto market has sufficient transparency and liquidity, the Bitcoin ETF will be approved. And SEC Chairman Jay
Clayton said, "We have strict rules and regulations to ensure that people do not manipulate the stock market. But these are basically not available in the cryptocurrency market."

According to Bloomberg, Arca Chief Investment Officer Jeff
Dorman said in a research report on July 1 that due to the sharp price fluctuations of cryptocurrencies in June, the possibility of Bitcoin exchange-traded funds (ETFs) being approved by the U.S. Securities and Exchange Commission (SEC) will decrease.

He believes that "ETFs will hardly be approved in the short term. A rebound of 81% in 14 days, most of which did not occur during U.S. trading hours, is not a model for SEC approval at all."