SEC Set to Approve Regulation Crypto Rules

The Securities and Exchange Commission (SEC) is set to meet on August 14 at 10 AM ET to discuss and potentially approve 'Regulation Crypto,' a bespoke offering regime for certain investment contracts involving crypto assets.

The SEC, under the leadership of Chairman Paul Atkins, has taken an approach of embracing digital asset innovation, unlike his predecessor Gary Gensler who pursued a strategy of regulation by enforcement.

Observers anticipate rules that create a startup-like exemption with a capped funding amount, similar to Reg CF or Reg A, which allow for issuers to raise up to $5 million and $75 million, respectively.