SEC proposes certain crypto interfaces don’t need to register as brokers

SEC proposes certain crypto interfaces don’t need to register as brokers

2.61%LINK$9 2.63%DOGE$0.09277 1.82%ADA$0.2404 0.72%BTC$73,255 2.95%XLM$0.1533 1.32%SOL$84.01 2.00%XRP$1.35 1.62%BCH$429.33 1.63%ETH$2,262 2.67%HYPE$43.54 6.55%TRX$0.3207 0.40%BNB$608.22 2.40%USD Written by Turner Wright,Staff WriterReviewed by Robert Lakin,Staff EditorSEC proposes certain crypto interfaces don’t need to register as brokers34 minutes agoHester Peirce, who heads the SEC’s crypto task force, said that the staff statement represented “expansive readings of the securities laws“ in response to digital assets. The US Securities and Exchange Commission (SEC) has issued a staff statement clarifying how the agency plans to interpret software interfaces facilitating crypto transactions in its broker-dealer regulations. In a Monday statement, the SEC’s Division of Trading and Markets staff said that under certain circumstances, interfaces that “assist users engaging in user-initiate

Source: https://cointelegraph.com/news/sec-crypto-interfaces-registration-broker?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound