White House weighs SEC plan to revise crypto broker requirements
Photo: Crypto Briefing
Trump administration reviews SEC proposals to update broker-dealer rules for digital asset clarity. The Securities and Exchange Commission has sent a proposal to revise US broker-dealer rules for crypto assets to the White House for review. The SEC submitted the planned amendments to the Trump administration’s Office of Management and Budget earlier this week. The move was first reported by Bloomberg. The changes would address how existing broker-dealer requirements for financial responsibility, recordkeeping, and reporting apply to crypto assets.
Also reported by The Defiant.
Source: Crypto Briefing
