SEC proposes crypto exemptions, safe harbor for digital assets
The SEC proposes two Securities Act exemptions for certain crypto token offerings and a safe harbor when a project finishes key managerial efforts under an investment contract.
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U.S. SEC proposes exemptions for BTC offerings
The U.S. SEC says one exemption would permit offerings of up to $5M during a four-year period, and a second would permit up to $75M during each 12-month period.