Bitcoin
$61,986.89+1.28%
Ethereum
$2,997.07+0.50%
Binance Coin
$543.91-0.61%
Solana
$138.12+4.09%
XRP
$0.48412146-1.69%
Toncoin
$6.71+12.03%
Dogecoin
$0.146936380.00%
Cardano
$0.44102407-1.19%
Shiba Inu
$0.00002183-0.48%
Avalanche
$33.64-1.36%
Wrapped Bitcoin
$61,005.17+1.61%
Tron
$0.10707332-2.65%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Broker-Dealers

(Jesse Hamilton/CoinDesk, modified)
Consensus Magazine
Opinion
DeFi Shouldn't Have to Worry About the SEC’s Expanded Broker Rule
A move to expand regulatory oversight over hedge funds and market makers could also rope in AMMs, experts say. But if these protocols cannot comply, is it really a threat?
(Jesse Hamilton/CoinDesk, modified)
By Daniel Kuhn
Feb 7, 2024 at 8:59 p.m. UTC
Feb 7, 2024
OpinionThe NodeNewslettersDeFiBrokersBroker-DealersSECRegulation
U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)
Policy
Regulations
Come in and Register? These Firms Say They Found an SEC-Friendly Crypto Path
As the industry fights with the U.S. regulator over “impossible” demands, Prometheum Capital and others win approvals to deal in crypto securities.
U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 23, 2023 at 12:00 p.m. UTC
May 23, 2023
RegulationsSECFinancial Industry Regulatory AuthoritySecurities and Exchange CommissionBroker-DealersSecurities
(Jesse Hamilton/CoinDesk)
Policy
Regulations
SEC Directs Examiners to Focus on How US Broker-Dealers Are Pitching Crypto
The U.S. securities regulator issued its annual examination priorities on how it’ll keep track of emerging risks. The handling of crypto was one of the highlights.
(Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Feb 7, 2023 at 11:11 p.m. UTC
Feb 7, 2023
RegulationsSECSecurities and Exchange CommissionBroker-DealersWashington, DCUSRIA Advisors
CoinDesk placeholder image
Finance
Paxos
Paxos Adds Financial Adviser Crypto Trading to Brokerage Platform
While just 15% of financial advisers are allocating crypto in customer accounts, 94% have received crypto-related questions from clients, said Paxos, citing recent survey data...
CoinDesk placeholder image
By Michael Bellusci
Jun 7, 2022 at 1:00 p.m. UTC
Jun 7, 2022
PaxosFinancial AdvisorsBroker-DealersCrypto Trading
SEC Chair Gensler Testifies Before Senate Banking Committee (Evelyn Hockstein-Pool/Getty Images)
Policy
Gary gensler
The SEC's New Proposal to Redefine 'Dealer' Could Spell Bad News for DeFi
The 200-page proposal is ostensibly about the electronic trading of U.S. Treasurys – but many industry insiders smell a sneak attack against crypto.
SEC Chair Gensler Testifies Before Senate Banking Committee (Evelyn Hockstein-Pool/Getty Images)
By Cheyenne Ligon
Mar 28, 2022 at 9:10 p.m. UTC
Mar 28, 2022
Gary GenslerSECRegulationBroker-DealersDeFi
Gemini ad (Shutterstock)
Finance
Gemini
Winklevoss-Owned Gemini Galactic Snags FINRA Broker-Dealer Approval
The license could open up future opportunities around digital securities trading.
Gemini ad (Shutterstock)
By Ian Allison
Jan 26, 2022 at 2:00 p.m. UTC
Jan 26, 2022
GeminiBroker-DealersWinklevossRegulationSecuritiesFINRA
Apifiny's employees in a photo from 2020.
Finance
Finra
Crypto Trading Business Apifiny Snags FINRA Broker-Dealer License
Apifiny connects professional traders with 40-odd global exchanges to search the best execution prices.
Apifiny's employees in a photo from 2020.
By Ian Allison
Apr 29, 2021 at 12:30 p.m. UTC
Apr 29, 2021
FINRABroker-DealersApifinyPrime BrokeragePrime Brokers
Anchorage CEO Nathan McCauley
Finance
Security tokens
Anchorage to Custody Digital Securities for Prometheum’s Retail Trading Platform
The custodian’s bank charter allows it to hold digital assets for broker-dealers and their clients, said Anchorage CEO Nathan McCauley.
Anchorage CEO Nathan McCauley
By Nate DiCamillo
Mar 31, 2021 at 1:00 p.m. UTC
Mar 31, 2021
Security TokensCustody ServicesBroker-DealersAnchorageDigital Securities
Green light
Markets
Finra
Crypto Firm Uphold Gets US OK to Buy Broker-Dealer JNK Securities
Uphold is set to become one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors, the company said.
Green light
By Sebastian Sinclair
Mar 31, 2021 at 1:00 p.m. UTC
Mar 31, 2021
FINRAUpholdBroker-Dealers
SEC Chairman Jay Clayton
Policy
Sec
SEC Gives Broker-Dealers Room to Handle Crypto Securities
The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.
SEC Chairman Jay Clayton
By Nikhilesh De
Dec 23, 2020 at 5:55 p.m. UTC
Dec 23, 2020
SECBroker-DealersCrypto Custody