The Securities and Exchange Commission (SEC) proposed new rules that it said in a Tuesday (Aug. 18) press release would create a clear framework for certain investment contracts involving crypto assets.
The Securities and Exchange Commission (SEC) proposed new rules that it said in a Tuesday (Aug. 18) press release would create a clear framework for certain investment contracts involving crypto assets.
Dubbed “Regulation Crypto Assets,” the proposed rule will be open for a 60-day public comment period following its publication in the Federal Register, according to the release.
The proposed rules include two exemptions from the registration requirements of the Securities Act of 1933 that are tailored to certain investment contracts involving crypto assets: a one-time exemption that would permit offerings of up to $5 million during a four-year period, and an exemption that would permit offerings of up to $75 million during each…






