🚨 SEC Makes Major Move on Crypto Regulation
The U.S. SEC has proposed “Regulation Crypto Assets”, its first major formal crypto rule under the current leadership.
The proposal could create clearer paths for certain crypto offerings without automatically triggering the full burden of securities regulation.
Key points:
• Startup offerings of up to $5M over 4 years
• Another framework allowing offerings up to $75M per year
• New disclosure and reporting requirements
• Potential safe harbor for certain crypto assets after promised managerial efforts are completed
• Public comments open for 60 days
This could be a major step toward clearer crypto rules in the U.S. 🇺🇸
#dyor #NFA✅
The U.S. SEC has proposed “Regulation Crypto Assets”, its first major formal crypto rule under the current leadership.
The proposal could create clearer paths for certain crypto offerings without automatically triggering the full burden of securities regulation.
Key points:
• Startup offerings of up to $5M over 4 years
• Another framework allowing offerings up to $75M per year
• New disclosure and reporting requirements
• Potential safe harbor for certain crypto assets after promised managerial efforts are completed
• Public comments open for 60 days
This could be a major step toward clearer crypto rules in the U.S. 🇺🇸
#dyor #NFA✅