Fidelity urges SEC to move further on crypto activity by broker-dealers
Fidelity has urged the U.S. Securities and Exchange Commission (SEC) to take more decisive action regarding the regulation of cryptocurrency activities by broker-dealers. The firm argues that clearer guidelines are necessary to foster innovation and protect investors in the rapidly evolving crypto market. Fidelity emphasizes the importance of establishing a regulatory framework that accommodates digital assets while ensuring compliance with existing securities laws. The call for action comes as the crypto industry continues to grow, highlighting the need for regulatory clarity to support its development.
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