The SEC will vote August 14 on a framework allowing crypto projects to raise funds without securities registration if decentralized.
The Securities and Exchange Commission will consider proposing new rules on August 14 to create a tailored framework for digital-asset offerings, allowing crypto projects to raise capital without full securities registration. The proposal, if advanced, would mark the agency’s first formal rulemaking for the crypto industry, replacing staff guidance with a durable regulatory approach.
The framework, dubbed “Regulation Crypto,” follows months of internal discussions and aims to provide a multi-year exemption for startups to achieve decentralization. SEC Chair Paul Atkins previously outlined a four-year runway for projects to operate under lighter oversight, though fundraising thresholds remain unspecified. The rulemaking responds to legislative gridlock after the Senate failed to advance the Digital Asset Market Clarity Act.
A final rule is still months away, with public comment likely following the proposal. The SEC’s move seeks to address industry calls for regulatory clarity amid ongoing enforcement actions.