๐บ๐ธ The U.S. Securities and Exchange Commission (SEC) has officially proposed new rules.
๐ถ Startups will be able to raise up to $5 million over a four-year period without full registration.
๐ถ Larger projects โ up to $75 million per year, but with the provision of financial reporting.
๐ก This is, for now, just a proposal.
โน๏ธ The public consultation is open for 60 days after publication, after which the SEC may adopt a final version of the rules.โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ค Another development that could be bullish (if adopted) and bring back the times of ICOs and launchpools in crypto.
#HOLDBNB #BNB #SEC
๐ถ Startups will be able to raise up to $5 million over a four-year period without full registration.
๐ถ Larger projects โ up to $75 million per year, but with the provision of financial reporting.
๐ก This is, for now, just a proposal.
โน๏ธ The public consultation is open for 60 days after publication, after which the SEC may adopt a final version of the rules.โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ค Another development that could be bullish (if adopted) and bring back the times of ICOs and launchpools in crypto.
#HOLDBNB #BNB #SEC