FINRA | Crypto

Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Digital asset infrastructure provider Copper has established a regulated presence in the US after its local entity became a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA). Copper announced Wednesday that Copper Markets (US) Inc. had been accepted as a FINRA member, allowing the firm to expand its institutional custody and trading infrastructure into the US market. FINRA BrokerCheck records show Copper Markets with an approved SEC registration status dated Aug. 7. The records also identify FINRA as the company’s self-regulatory organization. Read more

FINRA found the number of people invested in crypto was steady from 2021 to 2024, but fewer were considering either buying more or investing for the first time. US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to a study from the Financial Industry Regulatory Authority. The percentage of crypto investors was unchanged between 2021 and 2024 at 27%, but the number of investors considering either purchasing more or buying for the first time dropped to 26% in 2024 from 33% in 2021, FINRA reported on Thursday. The industry regulator found that those with “high levels of investment risk” dropped four percentage points to 8% between 2021 and 2024. The biggest drop was among investors under 35, which shaved nine percentage points to 15%. Read more