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US SEC Defers Consideration of Nasdaq PHLX Cash-Settled Bitcoin Index Options Proposal

2026.08.03 - 00:15

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TechFlow News, August 3, according to The Block, the U.S. Securities and Exchange Commission has paused consideration of the cash-settled Bitcoin index options proposal submitted by Nasdaq PHLX after approving the CME Group's request for review.

CME Group believes that such contracts should fall entirely under the regulation of the U.S. Commodity Futures Trading Commission. The deadline for submitting relevant written comments is August 24.

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