SEC Proposes New Framework for Crypto Investment Contracts
The SEC has proposed rules to create a clear and fit-for-purpose framework for certain crypto asset investment contracts, aiming to reduce barriers to capital formation and innovation.
The U.S. Securities and Exchange Commission has proposed new rules to establish what it calls a “clear and fit-for-purpose” framework for certain investment contracts involving crypto assets.
The proposal is intended to address barriers to responsible capital formation and innovation within domestic crypto asset markets, according to an SEC statement.
The move signals an effort to provide clearer regulatory treatment for crypto-related investment contracts.
Source: First Squawk