đŸ‡ș🇾 The SEC is preparing new rules for crypto businesses.
On August 14, the SEC will consider "Regulation Crypto," the first major set of rules developed specifically for the crypto market. The proposal could create a separate capital raising regime for crypto companies, allowing them, in certain cases, to bypass the standard SEC securities offering registration requirement. Until now, the SEC has primarily regulated the crypto market through pronouncements and clarifications. Formal rules will be much more permanent and harder to overturn in the future.