[U.S. SEC Delays Review of Nasdaq PHLX Bitcoin Index Options Proposal] According to The Block, the U.S. Securities and Exchange Commission has delayed its review of the cash-settled Bitcoin index options proposal submitted by Nasdaq PHLX after approving the Chicago Mercantile Exchange Group's request for reconsideration. The CME Group argues that such contracts should fall entirely under the jurisdiction of the U.S. Commodity Futures Trading Commission, with the deadline for submitting related written opinions set for August 24.