Crypto Regulatory Update: SEC Exemptions and UK Guidance

The Securities and Exchange Commission (SEC) has provided relief to the cryptocurrency industry by issuing a statement exempting certain user interfaces from broker-dealer registration.

The exemption applies to websites, browser extensions, or software applications that enable users to prepare and transmit crypto asset securities transactions through self-custodial wallets. To qualify, the interface provider must operate as a neutral tool, displaying execution routes using only objective criteria and allowing users to control all trade parameters.