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