The SEC has released an FAQ document regarding the regulations affecting brokers handling non-securities crypto assets, particularly Bitcoin and Ethereum. This clarification exempts these assets from certain broker requirements, reshaping financial management practices.
Commissioner Hester M. Peirce noted the need for further refinement in the regulatory landscape. The FAQ serves as an initial guide, prompting speculation about future regulatory developments.
According to Coincu research, these insights could lead to significant changes in industry practices, affecting compliance and financial strategies in the cryptocurrency sector.
Full story here: https://coincu.com/338062-sec-crypto-asset-faq-guidelines
