Crypto
Home›Crypto›Regulation›SEC proposes crypto regulatory framework under Trump a…
SEC proposes crypto regulatory framework under Trump administration
The plan would offer issuers a one-time exemption to raise up to $5 million in tokens over four years, plus up to $75 million per 12-month period with ongoing disclosures and financial reporting.
The U.S. Securities and Exchange Commission has proposed a new regulatory framework for crypto assets, a first major step under President Donald Trump's administration to provide rules tailored to the industry, according to Reuters.
The proposal would exempt certain crypto companies and offerings from U.S. securities rules, which the SEC said should make it easier for crypto firms to issue tokens and raise capital. Paul Atkins, the SEC chair appointed by Trump, said the agency is seeking clear pathways for entrepreneurs and market participants to raise capital under federal securities laws.
If finalized as drafted, the SEC would allow a one-time exemption for companies to issue up to $5 million in crypto tokens during a four-year period. It would also permit offerings of up to $75 million during each 12-month period, while still requiring issuers to provide financial statements and meet regular reporting requirements, along with specified disclosures to investors.
The proposal also includes a safe harbor designed to exclude a crypto asset from being treated as an investment contract if certain conditions are met. Summer Mersinger, CEO of the Blockchain Association, said the effort is an important step toward clearer, fit-for-purpose rules for U.S. digital asset markets.