FINRA is still making crypto companies wait for approval

It’s been at least a few months since the United States Financial Institutions Regulatory Agency (FINRA), has received applications from around 40 different cryptocurrency startups to be given a license as broker-dealers in the industry. FINRA has been delaying the requests as much as possible, citing various reasons as to why there is so little progress. However, some market participants believe that the long wait is due to the Securities and Exchange Commission’s indecisiveness on how to deal with digital currencies in the United States. Despite the fact that the SEC has done its homework and is clearly set on