U.S. SEC says software allowing crypto wallet transactions not considered broker
By Jesse Hamilton
Published on April 13, 2026.
The U.S. Securities and Exchange Commission (SEC) has stated that software that allows crypto securities to be transacted through individuals' wallets won't need to be registered and regulated as a broker. This follows a recent stance that developers should be able to write software without triggering regulations. The SEC has also issued a list of measures to keep these interfaces out of the regulatory box, including not soliciting investors to engage in specific crypto asset securities transactions and not providing commentary on potential execution routes.
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