The SEC Chairman proposed a regulatory safe harbor for cryptocurrencies, covering three exemption paths including startups and financing
According to the official website of the U.S. SEC, SEC Chairman Paul Atkins announced new cryptocurrency guidelines at the DC Blockchain Summit and proposed the concept of a regulatory safe harbor for crypto assets, including three exemption pathways:
Startup Exemption: A maximum of four years, allowing projects to obtain a regulatory buffer period before reaching maturity, with a fundraising limit of no more than $5 million within four years, requiring the submission of principal disclosure information.
Financing Exemption: Allows for a maximum fundraising of $75 million within 12 months, requiring the submission of disclosure documents to the SEC that include principal disclosures, financial condition, and financial statements.
Investment Contract Safe Harbor: When the issuer completes or permanently ceases core management efforts under the investment contract, the relevant crypto assets may be exempt from the definition of securities.
Atkins stated that this framework draws on Congress's work in recent years, particularly the CLARITY Act, and proposed rules are expected to be released for public comment in the coming weeks.
You may also like

Morning News | Hyperliquid launches off-chain event prediction market contracts; Strategy completes $1.5 billion debt buyback; Kelp DAO announces rsETH has fully recovered

Bankless Founder: Why I Sold All My ETH

Senior Public Company Financial Audit: Taking Hashkey as an Example, Discussing Which Account to Include for Exchange Issued Platform Tokens?

How did Micron win a trillion-dollar market value while Samsung relies on technology cycles and Hynix relies on HBM?

Dialogue with AEON co-founder Leo: The real bottleneck of the Agentic Economy is not the model, but the settlement

2 years, 225 times the return? Unveiling the mysterious researcher Serenity's AI "bottleneck" investment technique

B.AI partners with BNB Chain to launch the "Billion AI Token Subsidy" celebration, fully igniting the on-chain intelligent agent ecosystem

The trillion-dollar frenzy of selling memory, profits from buying memory are halved

Who can make money in the era of Agents?

From brokerages to banks, Hong Kong intensifies efforts to clean up cross-border investment account openings

DeFi has reached its most dangerous moment: the real vulnerabilities are not in the code

Morning Report | Binance launches DYOR research tool; YZi Labs launches recruitment platform YZi Talent; Vitalik states that the Ethereum Foundation will "downsize" and reduce the amount of ETH sold

Insiders betting on Musk are reaping "historic returns."

Ten Thousand Characters Breakdown of On-Chain Vaults: Eight Major Tracks, Who is Rising and Who is Declining?

Behind NEAR's Doubling: 3 Major Trends Becoming the Engine of Coin Prices

Visa and Stripe are both working on stablecoins, but their focus is not on payments

How Traders Keep Profits When PEPE WLD and FET Start Moving Fast Again




