SEC just gave crypto wallets a free pass

SEC just gave crypto wallets a free pass

Author: Token Metrics April 13, 2026 Duration: 12:51
The SEC just said crypto wallet software isn't a broker. Three years of developer fear, gone in one staff bulletin. BTC sits at $72K. Crypto funds just had their best week since January. Someone should've bet on this.

Today's key developments:
• The SEC just ruled that software enabling crypto wallet transactions doesn't qualify as a broker — exempting non-custodial interfaces from mandatory registration requirements.
• Crypto funds posted their best week of inflows since January, with both Bitcoin and Ethereum ETF products seeing surging investment.
• Kraken disclosed it was targeted in an extortion attempt — an attacker claimed to have client data and demanded payment. Kraken says no breach occurred and no client funds were at risk.


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Token Metrics Daily Pulse
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