75 million US dollars: this time, the US isn’t just shouting “support Crypto”—it’s teaching projects how to legally raise funds.
In the past couple of days, US crypto regulation has been accelerating one after another.
The SEC has proposed a new set of rules for crypto assets: eligible projects can issue Tokens through a new exemption route. One of the proposed schemes allows for up to $75 million in financing every 12 months; another one-time exemption route allows up to $5 million. Projects still have to disclose information—this isn’t “just issue tokens however you like.”
Right after that, at the White House, Trump urged Congress in front of executives from Coinbase, Robinhood, Kraken, and others:
Pass the CLARITY Act as soon as possible.
In simple terms:
Previously, the biggest fear for US crypto projects was: “If I issue this Token, will it be deemed an illegal security one day?” Now, regulators are starting to tell you what conditions you need to meet to raise capital legally.
What’s truly worth paying attention to isn’t the $75 million figure itself, but the fact that the regulator’s approach is shifting from:
First enforcement, then lawsuits
to:
First write the rules, then let companies come in.
Scenario A: If the SEC’s rules ultimately take effect and the CLARITY Act is also passed, then crypto token issuance within the US, exchanges, RWA, and on-chain finance will all gain another clearly defined compliance entry point.
Scenario B: If Congress continues to delay, this round of “regulatory tailwinds” may still just remain an expectations trade.
So don’t simply interpret this as “good for BTC.”
The real change is that the US is currently building entry points for the entire crypto industry.
In the past couple of days, US crypto regulation has been accelerating one after another.
The SEC has proposed a new set of rules for crypto assets: eligible projects can issue Tokens through a new exemption route. One of the proposed schemes allows for up to $75 million in financing every 12 months; another one-time exemption route allows up to $5 million. Projects still have to disclose information—this isn’t “just issue tokens however you like.”
Right after that, at the White House, Trump urged Congress in front of executives from Coinbase, Robinhood, Kraken, and others:
Pass the CLARITY Act as soon as possible.
In simple terms:
Previously, the biggest fear for US crypto projects was: “If I issue this Token, will it be deemed an illegal security one day?” Now, regulators are starting to tell you what conditions you need to meet to raise capital legally.
What’s truly worth paying attention to isn’t the $75 million figure itself, but the fact that the regulator’s approach is shifting from:
First enforcement, then lawsuits
to:
First write the rules, then let companies come in.
Scenario A: If the SEC’s rules ultimately take effect and the CLARITY Act is also passed, then crypto token issuance within the US, exchanges, RWA, and on-chain finance will all gain another clearly defined compliance entry point.
Scenario B: If Congress continues to delay, this round of “regulatory tailwinds” may still just remain an expectations trade.
So don’t simply interpret this as “good for BTC.”
The real change is that the US is currently building entry points for the entire crypto industry.