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#SECToClarifyOnChainFundraisingRules SEC is finally clarifying on-chain fundraising rules with the proposed Regulation Crypto Assets. New startup exemption lets projects raise up to $5M over 4 years with lighter rules. Fundraising exemption offers tiers up to $20M or $75M yearly for US-based issuers, plus a safe harbor once essential managerial efforts end — so tokens can exit “security” status. Big step for real clarity after years of enforcement-first approach. This is the clarity crypto needed. Legitimate builders can finally raise capital on-chain without constant fear of lawsuits, while the safe harbor path to decentralization is huge. Still early and US-focused, but it signals regulators are adapting instead of just cracking down. Progress over pure restriction. #SEC #CryptoRegulation #OnChain #Web3 #Fundraising