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SEC Exempts Crypto Interfaces From Broker Registration

SEC Exempts Crypto Interfaces From Broker Registration

The Securities and Exchange Commission (SEC) said Monday (April 13) that it will not object to specified providers of user interfaces for crypto asset transactions creating, offering or operating those interfaces without registering as a broker-dealer.

These interfaces include specified ones provided by a website, browser extension or other software application embedded in a wallet or separately available for download, staff of the SEC’s Division of Trading and Markets said in a Monday staff statement.

“This statement is part of an effort to provide greater clarity on the application of the federal securities laws to activities involving crypto asset securities,” the statement said.

The statement is an interim step while the SEC…

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