Cryptocurrency Q&A Does Finra apply to crypto?

Does Finra apply to crypto?

Gianluca Gianluca Mon Dec 02 2024 | 6 answers 1331
I've been hearing a lot about Finra recently and I'm wondering if it applies to cryptocurrencies as well. I know there are specific regulations for crypto, but I'm not sure if Finra is one of them. Does Finra apply to crypto?

6 answers

CryptoPioneer CryptoPioneer Wed Dec 04 2024
The approved activities include serving as a placement agent in private placements of crypto asset securities. This role involves facilitating the placement of these securities with investors.

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CryptoDynastyLord CryptoDynastyLord Wed Dec 04 2024
Moreover, firms can operate an Alternative Trading System (ATS) for crypto asset securities. This system provides a platform for the buying and selling of these securities in a regulated environment.

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BonsaiGrace BonsaiGrace Wed Dec 04 2024
The approval of these activities signifies a significant step forward in the integration of crypto assets into the traditional financial system.

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BitcoinWarrior BitcoinWarrior Wed Dec 04 2024
FINRA Member Firms are now authorized to participate in crypto asset securities business, thanks to the approval granted by FINRA's MAP.

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Maria Maria Wed Dec 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services to cater to the needs of crypto asset investors. Its services encompass spot trading, allowing investors to buy and sell crypto assets at current market prices.

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