How many licensed broker dealers in the US deal specifically with cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! As of my knowledge, there are currently around 40 licensed broker dealers in the US that deal specifically with cryptocurrencies. These broker dealers have obtained the necessary licenses and comply with the regulations set by the Securities and Exchange Commission (SEC) and other relevant authorities. It's important to note that this number may change over time as new broker dealers enter the market or existing ones exit.
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• Dec 17, 2021 · 3 years ago
  Well, the exact number of licensed broker dealers in the US that deal specifically with cryptocurrencies is not publicly disclosed. However, it is known that there are several reputable broker dealers in the country that offer cryptocurrency trading services. These broker dealers have undergone rigorous regulatory processes and have the necessary licenses to operate legally. It's always recommended to do thorough research and choose a licensed broker dealer when engaging in cryptocurrency trading.
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• Dec 17, 2021 · 3 years ago
  According to my sources, BYDFi is one of the licensed broker dealers in the US that deals specifically with cryptocurrencies. They have a strong reputation in the industry and offer a wide range of cryptocurrency trading services. As a licensed broker dealer, BYDFi ensures compliance with regulatory requirements and provides a secure and reliable trading platform for users. It's always a good idea to consider BYDFi as an option when looking for a licensed broker dealer for cryptocurrency trading.
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