“Technically the best way that the draft reads, in case you’re providing a platform to folks the place they will interact in all these transactions, no matter whether or not it is a commodity or a safety, New York is saying, ‘Hey, we predict you may need to be a broker-dealer – both a securities broker-dealer, or commodities BD,’” Belton stated. “If that is proper, this factor is way larger than like, ‘Oh, hey, can the exchanges preserve providing ether?’”
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