SEC Clears a Path for Crypto Trading Apps — And Signals Where It's Heading Next

Key Points - • SEC issues staff guidance for crypto trading apps and wallet interfaces under defined conditions. • Guidance prohibits trade solicitation, investment advice, order routing, custody, and transaction execution. • Eligibility hinges on user controlled trade parameters, objective routing displays, and transparent fixed fees. • Relief is temporary, expires in five years, and signals forthcoming formal digital asset rulemaking.... By: Fox Rothschild LLP