US SEC approved three major exchanges to adopt general listing standards for commodity trusts to simplify listing process

According to ChainCatcher, the U.S. Securities and Exchange Commission voted today to pass a proposal for amendments to the rules proposed by three national stock exchanges, which will adopt a common listing standard for exchange-traded products holding spot goods, including digital assets. Thus, the exchange can directly list and trade a share of commodity trusts that meets the general listing criteria without submitting a proposal for amendment to the rule to the Commission under section 19(b) of the Securities Exchange Act. "By approving these general listing standards, we ensure that capital markets continue to be the best platform for cutting-edge innovation in digital assets around the world. This approval helps maximize investor choice and promote innovation by simplifying listing processes and reducing the threshold for investors to enter the trusted capital markets in the United States to obtain digital asset products."