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SEC Proposes New Crypto Rules, Offers Safe Harbor for Token Issuers

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The U.S. Securities and Exchange Commission (SEC) has proposed new rules for certain crypto assets, which could provide token issuers with exemptions and a safe harbor.

The proposal, announced on August 18, aims to create a 'clear and fit-for-purpose' framework for investment contracts involving crypto assets.

Certain crypto projects would receive a more clearly defined path for raising capital while remaining subject to investor-protection requirements under the proposed rules.

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