SEC to Propose New Crypto Rules as Early as This Month to Streamline Startup Fundraising

According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) updated its agenda on July 8 to propose new cryptocurrency rules as early as this month. The rules will establish a temporary registration exemption for developers launching crypto investment contracts, allowing fundraising up to a specified limit, and create a safe harbor for issuers exiting securities regulation.

SEC Chair Paul Atkins stated the rules aim to make the U.S. "the global center of crypto capital" and provide clear guidance on custodial and trading infrastructure for on-chain tokenized securities. The proposal currently undergoes review at the White House Office of Information and Regulatory Affairs.