The SEC has released FAQs clarifying how dealer and transfer agent rules apply to cryptocurrency and Distributed Ledger technology.

[The SEC released FAQs to clarify how broker-dealer and transfer agent rules apply to encryption assets and Distributed Ledger technology] According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has released Frequently Asked Questions (FAQs) to clarify how broker-dealer and transfer agent rules apply to encryption assets and Distributed Ledger technology. Commissioner Peirce stated that the guidelines address custody rules, the creation of physical crypto ETFs, and the issue of tokenized securities, calling it a "incremental step forward."

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