Cryptocurrency Q&A
Does FINRA regulate crypto assets?
Does FINRA regulate crypto assets?
Riccardo
Sun Jul 14 2024
|
7 answers
1306
Given the rapidly evolving nature of the cryptocurrency market, one of the pressing questions for investors and market participants is: Does the Financial Industry Regulatory Authority (FINRA) regulate crypto assets? As the primary regulatory body overseeing broker-dealers and their associated persons in the United States, FINRA plays a crucial role in ensuring market integrity and protecting investors. However, the question remains whether its mandate extends to the largely unregulated world of cryptocurrencies. Given the novelty and complexity of crypto assets, it's unclear whether FINRA's traditional framework is sufficient to adequately oversee this emerging market.
7 answers
Federico
Tue Jul 16 2024
This number signifies the increasing acceptance and importance of crypto assets in the financial landscape.
Was this helpful?
108
83
SamuraiBrave
Tue Jul 16 2024
Despite the recent downturn in the crypto market, the crypto asset industry continues to witness explosive growth and product expansion.
Was this helpful?
112
34
KatanaBladed
Tue Jul 16 2024
This trend indicates the resilience and potential of crypto assets to weather market fluctuations and sustain long-term viability.
Was this helpful?
46
32
Martina
Tue Jul 16 2024
FINRA has been a vigilant regulator of crypto asset activities conducted by its member firms for a considerable period.
Was this helpful?
353
35
SolitudeSerenade
Tue Jul 16 2024
Currently, the organization boasts 26 member firms that are authorized solely to engage in the business of crypto asset securities.
Was this helpful?
338
21
Load 5 more related questions
