SEC Proposes Sweeping Crypto Framework with Two Alternative Paths

The US Securities and Exchange Commission (SEC) has proposed a sweeping regulatory framework for crypto assets that would offer firms two distinct avenues to raise capital without undergoing full securities registration.

The proposal marks a notable shift in tone from the regulator, which has historically pursued an enforcement-first approach toward the crypto industry.

Under the proposed structure, companies would have two clear paths to raise money without completing full securities registration, potentially easing a compliance burden that has long weighed on the sector.