The U.S. Securities and Exchange Commission has issued new staff guidance indicating that certain user-facing interfaces involved in crypto securities trading may not be required to register as broker-dealers, provided they meet a strict set of conditions designed to limit discretion, influence, and conflicts of interest.

In a statement released by the Division of Trading and Markets of the U.S. Securities and Exchange Commission, the agency outlined a framework under which websites, mobile applications, and browser-based tools that facilitate blockchain-based trading could operate outside traditional broker registration requirements for a limited period.

The guidance applies…

Read more on BitcoinMagazine