BTC: SEC proposes new crypto investment contract rules
The U.S. SEC proposes rules to create a “clear and fit-for-purpose” framework for certain investment contracts involving crypto assets, including two tailored exemptions from the Securities Act of 1933 registration requirements.
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06:47:17 PM UTC
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U.S. SEC: PROPOSED RULES INCLUDE A CONDITIONAL SAFE HARBOR FROM THE TERM 'INVESTMENT CONTRACT' IN THE DEFINITIONS OF 'SECURITY' IN THE SECURITIES ACT OF 1933 AND THE SECURITIES EXCHANGE ACT OF 1934
S. SEC: proposed rules include two exemptions from registration requirements of securities act of 1933 tailored to certain investment contracts involving crypto assets