FINRA and SEC Frustrating U.S Crypto Startups

Hands Sifting through a Stack of Papers

The Financial Industry Regulatory Authority (FINRA), a non-governmental and self-regulatory organization (SRO) in charge of regulating member brokerage firms, has been reluctant to approve the application of nearly 40 firms looking to offer crypto-related services in the region. Some insider sources have revealed that FINRA’s inaction stems from the fact that the United States Securities

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Source: BTC Manager