Top 10 Broker-Dealers for Security Tokens

Compliance in the Digital Securities Market

The Securities and Exchange Commission (SEC) has issued a guidance document outlining the compliance obligations for broker-dealers transacting in cryptocurrency and digital assets.

In response, FINRA has followed the SEC's guidance by issuing its own statement on the topic. This statement clarifies that broker-dealers must comply with all applicable securities laws and regulations.

Regulated Broker-Dealers for Security Tokens

The top 10 regulated broker-dealers that offer services for security tokens are:

1. Kraken
2. Gemini
3. Coinbase
4. Binance.US
5. FTX.US
6. Anchorage Digital
7. Bittrex
8. Bitstamp
9. Huobi
10. OKEx

These broker-dealers have all taken steps to comply with the SEC's guidance and are committed to providing a safe and secure trading environment for their customers.

Conclusion

The SEC's guidance is a significant step forward in the regulation of the digital securities market. By providing clear guidance on the compliance obligations for broker-dealers, the SEC has created a more level playing field for all market participants and has helped to protect investors.

Investopedia

Reuters