SEC Proposes $75M Crypto Exemption and Safe Harbor
Beyond the $75M cap, the proposal would pair a conditional safe harbor with narrative disclosures, financial statements and ongoing reporting for larger offerings.
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Beyond the $75M cap, the proposal would pair a conditional safe harbor with narrative disclosures, financial statements and ongoing reporting for larger offerings.
The SEC is putting crypto capital formation on a formal U.S. rulemaking track, making the eventual scope of the framework central to regulatory clarity.
The proposal offers issuers a potential capital-raising route while Congress remains short of a market-structure law, but it still faces a 60-day comment period and months of review.
The proposal would shield tokenized securities and on-chain DeFi activity from enforcement risk, the clearest signal yet that the agency is moving from courtroom enforcement to written rules for…