The U.S. Securities and Exchange Commission has proposed two registration exemptions, including a $75 million annual pathway, under its new Reg Crypto framework for certain crypto investment contracts.
Summary
- The larger exemption would allow qualifying issuers to raise up to $75 million in 12 months.
- A separate pathway would permit offerings of up to $5 million across four years.
- The proposal includes a conditional safe harbor and disclosure requirements for participating issuers.
- Stakeholders will have 60 days to submit comments on the proposed framework.
SEC Reg Crypto rules create two offering exemptions
The SEC said in an Aug. 18 press release that…
