broker-dealer

(Nikhilesh De/CoinDesk)
The Catch-22 of U.S. Crypto Regulation
The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that, Marcelo M. Prates writes.
(Nikhilesh De/CoinDesk)

Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
The much-debated crypto broker says it's poised to start its SEC-compliant custody with ETH, then will soon add other names and begin a trading operation within months.
Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)

Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)
Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto
The U.S. platform, which drew industry barbs for insisting crypto can comply with SEC rules, is now approved for clearing, though it won't begin for a few months at least.
Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)

U.S. Securities and Exchange Commission headquarters in Washington, D.C.  (Jesse Hamilton/CoinDesk)
U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients
Brokers and investment advisers have to understand crypto and ensure it's in clients’ best interests before pitching investments, the SEC staff said in a bulletin.
U.S. Securities and Exchange Commission headquarters in Washington, D.C.  (Jesse Hamilton/CoinDesk)

tzero
Overstock's tZERO Wins FINRA Approval to Launch Retail Broker-Dealer Subsidiary
The firm announced Thursday that FINRA approved its application to launch tZERO Markets, a retail broker-dealer subsidiary.
tzero

NYC
Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer
Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.
NYC