SEC Chair Proposes Crypto Exemptions for Fundraising
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
SEC Chair Paul Atkins proposes new exemptions to facilitate crypto fundraising in the US. His plan includes a startup exemption, fundraising exemption, and investment contract safe harbor. He also suggests letting early-stage firms raise funds without full registration and exempting certain investment contracts from securities rules. The SEC and CFTC released guidance clarifying which crypto assets are securities, most not being. Atkins anticipates proposed rules soon, but emphasizes the need for Congress to create lasting rules through market structure laws.
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