NEW: As part of Project Crypto, the SEC says apps or websites that facilitate buying and selling crypto assets may not require broker-dealer registration. https://t.co/VyqgVBS3Cg ...

NEW 🚨: As part of Project Crypto, the Division of Trading and Markets issued a staff statement providing its views on broker-dealer registration requirements in connection with certain interfaces used to prepare transactions in crypto asset securities.https://t.co/8jCwFOJZcw https://t.co/gmp7jbBhgV ...

SEC Clarifies Certain DeFi UIs Can Operate Without Broker-Dealer RegistrationThe SEC’s Division of Trading and Markets said certain crypto trading interfaces, including DeFi front-ends, wallet extensions, and mobile apps, may operate without broker-dealer registration if specific conditions are met. These include no order routing, no investment advice, no custody of user assets, and only fixed, neutral fee structures. The guidance applies to self-custodial wallet interfaces and will remain effective for fiv ...