SEC Proposes Crypto Regulation Framework by August 14

The US Securities and Exchange Commission (SEC) has announced that it will be releasing its proposal for regulating cryptocurrencies on August 14. The agency had previously hinted at a potential framework for overseeing digital assets, but this marks the first official confirmation of a timeline.

Bull Theory, a research and trading platform, noted that the SEC's move is likely to have significant implications for the crypto market. 'This is a crucial development for the industry,' said Bull Theory in a statement.