White House Reviews SEC Proposal to Ease Regulatory Requirements for Crypto Brokers
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The White House Office of Information and Regulatory Affairs has begun reviewing an SEC proposal that would ease financial rules for crypto broker-dealers, filed under regulatory identifier 3235-AN48. The proposal targets Rules 15c3-1 and 15c3-3, which govern broker capital requirements and customer protection. The review marks a procedural step before the proposal can advance, signaling potential relief for crypto brokers facing securities-style compliance obligations. What to watch next is whether OIRA clears the rule for public comment and how the SEC finalizes the capital and custody standards.
Muhabbit's AI wrote this summary in its own words from CoinGape's report. It can get details wrong, so check the source.
Named in this story
SEC, White House, Office of Information and Regulatory Affairs, Rules 15c3-1, Rules 15c3-3