SEC Proposes New Rules to Regulate Crypto Assets

The Securities and Exchange Commission (SEC) has proposed new rules to regulate crypto assets. The proposed 'Regulation Crypto Assets' would establish a framework for raising capital and disclosing information related to certain investment contracts involving crypto assets.

This is the next step in the SEC's ongoing effort to define its role in regulating digital assets, building on previous guidance and interpretations issued by the Commission since April 2025. The proposed rules aim to facilitate capital formation while ensuring investor protection and informed decision-making.

The regulation would cover 'covered investment contracts,' which are defined as certain types of crypto asset-related investment contracts. It would also propose a conditional safe harbor for issuers, allowing them to delink a crypto asset from an investment contract under specific conditions.