Fidelity Urges SEC to Refine Rules for Broker-Dealers Handling Crypto Assets
Fidelity has called on the Securities and Exchange Commission (SEC) to provide enhanced clarity regarding the rules for broker-dealers managing crypto assets. The investment firm emphasized the need for more defined guidelines to facilitate the offering, custody, and trading of digital assets. This clarity is also sought for enabling crypto-security trading pairs, which would allow broker-dealers to more effectively engage with the evolving digital asset market. The move highlights the ongoing demand from institutional players for regulatory certainty to expand their involvement in the crypto space.
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