The agency has proposed a tailored framework that could let eligible crypto projects sell tokens to the public without navigating the full traditional securities regime.
Up to $75M could be raised annually under the proposed exemption.
A major step toward clearer U.S. crypto rules. 🚀
Are we finally entering the era of compliant token launches?
Looks like China might be entering a period of opportunity! Yesterday, the Nasdaq dropped around 1.3%, and today Asian tech took an even harder hit: 📉 KOSPI −5.7% 📉 Nikkei ~−3% The sell-off is hitting semiconductor stocks particularly hard. Could this be the beginning of an interesting opportunity in Asian tech? 👀 Let’s see how the market develops. 📊🔥
The SEC is advancing an “innovation exemption” that could allow tokenized stocks to trade on blockchains around the clock, with near-instant settlement.
This could be the bridge between Wall Street and crypto — bringing traditional equities into the always-on financial system.
Is 24/7 tokenized stock trading the next major step for crypto adoption? 👀
- 🇺🇸The White House is set to host a major crypto meeting Wednesday, with Trump, the SEC and CFTC chairs, and executives from Coinbase, Ripple and Kalshi expected.
- FOMC minutes land Wednesday, with markets pricing less than a 40% chance of a September hike.
- 🇯🇵 Japan reports GDP Monday and CPI Friday, the two key tests before a BOJ hike that Reuters reports could come as soon as September.
Monday Aug 17 - Japan Q2 GDP - US Treasury flows data, showing whether Japan cut its massive Treasury holdings again in June
Tuesday Aug 18 - US Housing Starts and Industrial Production
Wednesday Aug 19 - FOMC Minutes - White House crypto meeting - UK CPI
Thursday Aug 20 - CFTC's first Innovation Advisory Committee meeting on crypto and prediction markets - Philadelphia Fed Index
🚨SHOCKING: Hong Kong's first licensed stablecoin failed a security review just two days after launching.
Blockchain security firm BlockSec found a single key can mint, freeze, and force burn the HKD-pegged HKDAP, calling the contract "not production-ready."
The token is issued by Anchorpoint, the Standard Chartered venture with HKT and Animoca Brands, with BlockSec saying its design breaks Hong Kong regulators' own rules.