Cryptocurrency exchange Bullish canceled its listing and trading plan, Bullish Chairman and CEO Brendan Blumer said in a statement, "Our quest to become a public company is taking longer than expected, but we respect the SEC's decision to work on new digital asset frameworks and examine industry-specific disclosure rules and accounting complexities. Bullish had planned to go public through a merger with special purpose acquisition company (SPAC) Far Peak Acquisition, with the latest amendments to the merger agreement originally signed between the parties in July 2021 allowing for the deal to be terminated if it cannot be completed by the end of 2022.