New SEC Guidance Targets DeFi Interfaces, Self-Custodial Wallets, and Execution Routing Disclosures

The U.S. Securities and Exchange Commission’s Division of Trading and Markets released a staff statement on Monday, outlining conditions under which operators of crypto trading interfaces can avoid registering as broker-dealers under federal securities law. Key Takeaways: The SEC’s Division of Trading and Markets issued guidance on April 13, 2026, allowing crypto UI providers to […]