โ๏ธSEC Proposes First Crypto Rulebook
๐ฑ๏ธ Projects can raise up to $75 million a year without registering as securities.
๐ฑ๏ธ A separate one-time exemption allows up to $5 million over four years.
๐ฑ๏ธ A token stops being a security once the team completes what it promised to build.
๐ฑ๏ธ State securities rules are overridden for these offerings.
๐ฑ๏ธ Projects still have to disclose key information to investors.
๐ฑ๏ธ The public comment period runs for 60 days.
โ๏ธ @venture
โ๏ธSEC Proposes First Crypto Rulebook ๐ฑ๏ธ Projects can raise up to $75 million a year without regis
Venture Capital
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