The SEC listed the conditions under which it will not object to such an interface operating without broker-dealer registration.
Crypto News
The U.S. Securities and Exchange Commission has issued a staff statement clarifying that certain software interfaces used to transact with self-hosted crypto wallets may not need to register as broker-dealers. The Division of Trading and Markets published the statement on Monday as part of a wider effort to provide interim guidance on digital assets. The statement does not carry the force of a formal rule.
The agency defined a covered user interface as a website, software application, or browser extension that allows users to initiate crypto asset securities transactions on blockchain protocols or…
