It's great to see the SEC move forward with Reg Crypto, which (among other things) would create exemptions for public token sales and a safe harbor from "investment contract" classification.
This is a critical step toward clarity for the crypto industry and not one day too soon.
🚨 TODAY: The SEC proposed new rules, “Regulation Crypto Assets,” that would create a clear and fit-for-purpose framework for certain investment contracts involving crypto assets.