SEC Proposes New Regulatory Framework for Select Crypto Investment Contracts

The U.S. Securities and Exchange Commission (SEC) has proposed a new regulatory framework for certain crypto investment contracts.

The SEC aims to create a clear, fit-for-purpose regulatory framework for these contracts, but the specific scope of application and detailed rules will be disclosed later.

This development comes as part of the SEC's ongoing efforts to regulate the cryptocurrency market. The exact details of the proposed framework are not yet available.