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Express News | U.S. SEC Unveils Cryptocurrency Regulatory Framework to Advance Digital Asset Oversight
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SEC Suddenly Unveils "Regulation Crypto": Token Financing in the U.S. May Be Relegalized
By Xiao Bing On August 18, the U.S. Securities and Exchange Commission (SEC) released a 402-page proposed rule titled "Regulation of Crypto Assets," which establishes two registration exemption pathways and a safe harbor mechanism for investment contracts involving crypto assets. This marks the first time in the SEC's history that permanent regulatory rules have been specifically drafted for crypto assets. The timing is noteworthy: the SEC had originally scheduled a voting meeting for August 14, which was temporarily canceled, only to release the proposal directly four days later. An even more significant background factor is that the Senate failed to reach an agreement on the "Digital Asset Market...