Staff in the US Securities and Exchange Commission’s Division of Trading and Markets have outlined circumstances in which they would not object to certain self-custodial crypto interfaces operating without broker-dealer registration.

Published on 13 April 2026, the statement applies to websites, browser extensions, mobile applications and wallet-integrated software that help users prepare transactions involving crypto asset securities through blockchain protocols or smart contracts.

The position applies only when users retain control of their private keys and initiate and…