Original | Odaily Planet Daily (@OdailyChina)

Author | jk

On August 18, North American local time, the U.S. Securities and Exchange Commission (SEC) officially released a new proposed regulation titled “Regulation Crypto Assets,” establishing a tailored framework for issuing contracts involving crypto assets. This marks the most significant substantive step in crypto regulation since SEC Chair Paul Atkins took office and signals the regulator’s proactive effort to forge an alternative path amid the ongoing stalemate of Congress’s CLARITY Act.

What’s new: Two exemptions allow altcoins to begin moving forward.

According to the official release by the SEC, the core provisions of Regulation Crypto Assets include two exemptions from…