SEC Charts New Path for Crypto Tokens as US Rules Enter Next Phase
The US Securities and Exchange Commission is preparing a new framework for digital-asset securities, giving crypto companies a potential path to raise capital and issue tokens under clearer rules.
The proposal comes after the agency canceled an Aug. 14 meeting where commissioners were expected to consider the plan, citing an โunforeseen scheduling issue.โ
Two Paths for Crypto Issuers
The proposal would create two exemptions for crypto issuers seeking to raise money without going through the full securities-registration process. The smaller exemption would allow companies to raise up to $5 million over four years, while the larger track would permit as much as $75 million in any 12-month period.
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Both options would require narrative disclosures about the offering anโฆ
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