The U.S. Securities and Exchange Commission (SEC), which abandoned its negative stance toward cryptocurrencies during Donald Trump's presidency, said that cryptocurrency trading services may be exempt from broker registration under certain conditions.



The Division of Trading and Markets of the U.S. Securities and Exchange Commission exempts some DeFi platforms from the requirement to register as a broker.

According to a Chinese journalist covering cryptocurrencies, У Блокчейна, the U.S. Securities and Exchange Commission (SEC) published guidance that exempts certain DeFi protocols and non-custodial wallets from broker registration requirements.

Under the new SEC recommendations, user interfaces such as websites and mobile applications that support blockchain-based trading do not need to register as securities brokers if they meet certain conditions.

These conditions include “no order routing, no investment advice, no custody of user assets, and only fixed, neutral fee structures.”
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