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The White House is reviewing a new SEC proposal aimed at easing rules for cryptocurrency brokers. The review marks a key regulatory step before the proposal can be formally unveiled and opened for public comment. The plan targets broker requirements that crypto firms have argued are poorly suited to digital assets. It matters because clearer, lighter broker rules could reduce compliance costs for exchanges and intermediaries handling tokens. What to watch next is whether the proposal is released for public comment and how it treats decentralized protocols and custody arrangements.

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White House, SEC, crypto brokers