SEC Proposes First Crypto-Specific Offering Framework
The SEC just proposed Regulation Crypto Assets — the first purpose-built framework for crypto offerings in U.S. history.
Two new exemptions: up to $5M (startup) and $75M (fundraising). Plus a safe harbor from the "investment contract" label once decentralization is achieved.
A decade of regulation-by-enforcement may be ending. 60-day comment period is now open.
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CryptoRegulation#