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SEC halts Nasdaq BTC options approval over CME challenge, Scott Melker notes

SEC halts Nasdaq BTC options approval over CME challenge, Scott Melker notes
SEC freezes Nasdaq BTC options approval

Scott Melker, owner and content creator, reports that the U.S. Securities and Exchange Commission has frozen Nasdaq's approval of BTC options.

This action follows arguments from CME that the product falls under the jurisdiction of the Commodity Futures Trading Commission.

Melker previously highlighted statements from Vitalik Buterin about Ethereum’s upcoming rebuild, which is expected to rival the impact of the Merge and require three to four years to complete, according to his report. In a separate update, Melker noted Citi’s initiation of coverage on SpaceX SPCX with a buy rating and a $200 year-end target, as detailed in his earlier coverage. These reports show his ongoing tracking of major developments across crypto and equities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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