The SEC just put a number on legal token sales: $75 million.
On Aug 18 the SEC proposed Regulation Crypto Assets, its first crypto-specific rulebook. It carries two Securities Act registration exemptions — $5M and $75M — plus a conditional safe harbor from the "investment contract" test. Comments run 60 days from Federal Register publication (SEC.gov).
For a decade the constraint on US token issuance was not tax or tech. It was that no compliant path existed. A safe harbor changes where teams launch, which venues list them, and which chains host the issuance.
Rulebooks price in slowly, then all at once. The venues and chains carrying that issuance are $ETH, $XRP and $BNB .
Proposal that dies in the comment period, or the framework that defines the next cycle?
#Write2Earn #Regulation #SEC #Altcoins #CryptoNews
Not financial advice. DYOR.
On Aug 18 the SEC proposed Regulation Crypto Assets, its first crypto-specific rulebook. It carries two Securities Act registration exemptions — $5M and $75M — plus a conditional safe harbor from the "investment contract" test. Comments run 60 days from Federal Register publication (SEC.gov).
For a decade the constraint on US token issuance was not tax or tech. It was that no compliant path existed. A safe harbor changes where teams launch, which venues list them, and which chains host the issuance.
Rulebooks price in slowly, then all at once. The venues and chains carrying that issuance are $ETH, $XRP and $BNB .
Proposal that dies in the comment period, or the framework that defines the next cycle?
#Write2Earn #Regulation #SEC #Altcoins #CryptoNews
Not financial advice. DYOR.
