The U.S. Securities and Exchange Commission has proposed 'Regulation Crypto Assets,' a framework that would exempt certain crypto-asset investment contracts from registration requirements under federal securities laws. Under the proposal announced Aug. 18, smaller projects could raise up to $5 million over four years, while larger ones could raise up to $75 million per year without registration. The proposal includes a conditional safe harbor and a measure giving federal law priority, with the SEC planning to collect industry feedback for 60 days.
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