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The U.S. Securities and Exchange Commission published its proposed Regulation Crypto rulemaking last week

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You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government.

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The U.S. Securities and Exchange Commission published its proposed Regulation Crypto rulemaking last week, laying out how the agency wants to oversee fundraising by digital asset firms. The Securities and Exchange Commission published its Regulation Crypto proposal last week, laying out how it thinks crypto companies and developers can raise funds with tokens without running afoul of the agency. The SEC under the current presidential administration has put out a lot of staff statements, but hasn't engaged in much formal rulemaking. The proposal has a few different provisions depending on how much funding a startup might try to raise and how it will operate.

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