SEC Drops Bombshell: Most Crypto Not Securities as $75M Safe Harbor Emerges
Key Takeaways:SEC Redefines Crypto Asset ClassificationToken Safe Harbor Opens Capital PathwaysCore Structure of the ProposalClear Rules Around Investment ContractsCoordination With Regulators and Policy Direction
Atkins affirmed that it coordinated with the Commodity Futures Trading Commission so that the framework is applicable in markets. Another area he describes as critical to developing a sustainable system of crypto regulation is continued legislative work in the congress. It is likely to receive formal rule proposals soon, which means that the industry will have the opportunity to comment and potentially introduce. The move represents a more exact regulatory direction in which crypto firms have a better guideline to conduct and raise capital in the U.S.About Author
