WASHINGTON, Aug. 21 -- Securities And Exchange Commission has issued a proposed rule called: Regulation Crypto Assets.
The proposed rule was published in the Federal Register on Aug. 21 by Vanessa A. Countryman, Secretary.
Summary: The Securities and Exchange Commission ("Commission") is proposing new rules to create a tailored offering regime for certain investment contracts involving crypto assets. The proposed offering regime is intended to facilitate capital formation and accommodate innovation within the crypto asset markets while, at the same time, ensuring that investors are adequately protected and provided with the information they need to make informed investment decisions. The proposed rules would be set forth in a new regulati...