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White House reviewing SEC crypto broker-dealer draft

White House reviewing SEC crypto broker-dealer draft

00:00 Speaker A

The next story we have right here. White House begins review of economically significant SEC crypto broker dealer draft.

00:04 Speaker A

The White House regulatory office logged the SEC draft on November 3rd, but its text is not public, so what it would change for brokerage is holding crypto is not yet known.

00:15 Speaker A

But the story here once again is that the SEC, CFTC, the regulators, even with a little lack of legislative clarity, continue to push forward, write rules and send them off to the White House to get them into action.

00:29 Speaker A

So this is about what crypto broker dealers would be able to do.

00:33 Speaker A

The package addresses financial…

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