According to Foresight News, the cryptocurrency exchange Bullish canceled its listing plan. Brendan Blumer, chairman and CEO of Bullish, said in a statement that our pursuit of becoming a public company has taken longer than expected, but we respect the work of the U.S. Securities and Exchange Commission to develop a new digital asset framework and study the disclosure rules and accounting complexities of specific industries. Bullish had planned to go public through a merger with the special purpose acquisition company (SPAC) Far Peak Acquisition. The latest amendment to the merger agreement originally signed by the two parties in July 2021 allows the transaction to be terminated if the transaction cannot be completed by the end of 2022.
