According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) updated its agenda, indicating that it plans to propose new cryptocurrency rules as early as this month. These rules would establish a temporary registration exemption for developers launching crypto investment contracts, permit fundraising up to a specified threshold, and create a safe harbor for issuers exiting securities regulation.SEC Chair Paul Atkins stated that this move aims to achieve the goal of “making the U.S. the global capital hub for crypto,” establish clear rules for crypto asset fundraising, and provide clear guidance on custody and trading of on-chain tokenized securities.This marks the SEC’s first major rulemaking initiative in the crypto space. Previously, the agency released a digital asset taxonomy and began developing related proposals to facilitate tokenized securities. The cryptocurrency rules are currently under review by the White House Office of Information and Regulatory Affairs.[PANews]
According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) updated its agenda, indicating that it plans to propose new cryptocurrency rules as early as this month. These rules would establish a temporary registration exemption for developers launching crypto investment contracts, permit fundraising up to a specified threshold, and create a safe harbor for issuers exiting securities regulation.SEC Chair Paul Atkins stated that this move aims to achieve the goal of “making the U.S. the global capital hub for crypto,” establish clear rules for crypto asset fundraising, and provide clear guidance on custody and trading of on-chain tokenized securities.This marks the SEC’s first major rulemaking initiative in the crypto space. Previously, the agency released a digital asset taxonomy and began developing related proposals to facilitate tokenized securities. The cryptocurrency rules are currently under review by the White House Office of Information and Regulatory Affairs.[PANews]
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