The White House is currently reviewing a proposal from the US Securities and Exchange Commission (SEC) that aims to modify how brokers can engage with digital assets. The proposal was submitted to the Trump administration’s Office of Management and Budget earlier this week, as indicated by a post on the agency’s website.
President Donald Trump has previously expressed his commitment to positioning the US as the “crypto capital of the world.” In 2025, he signed an executive order aimed at providing “regulatory clarity” for digital financial technology, underscoring the administration’s focus on fostering a clear framework for the crypto industry.
The SEC’s proposal, now under White House scrutiny, could significantly impact how brokers operate within the digital asset space. The review process reflects ongoing efforts to balance innovation with regulatory oversight in the rapidly evolving crypto market.