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[BUSINESS] · United States · 19 sources

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SEC to consider Regulation Crypto and tokenized stock exemptions

The U.S. Securities and Exchange Commission (SEC) is preparing to hold an open meeting on August 14, 2026, to consider proposing 'Regulation Crypto.' This framework aims to establish a tailored offering regime for certain crypto-related investment contracts, potentially allowing digital asset projects to raise capital without full securities registration. This move serves as a regulatory response to the U.S. Senate's decision to delay a procedural vote on the CLARITY Act until mid-September.

Key components under consideration include an 'innovation exemption' that could enable 24/7 trading of tokenized stocks on blockchain networks. The SEC is also exploring a startup exemption that might allow projects to operate under a regulatory runway for up to four years as they work toward decentralization. Additionally, the agency may implement stricter rules requiring digital token trading platforms to be U.S.-based legal entities to enhance anti-money laundering efforts.

While the SEC's proposed rules could provide immediate clarity for token issuers, officials note that a formal rulemaking process, including public comment periods, could take 12 to 18 months to finalize. The agency is also coordinating with the Commodity Futures Trading Commission (CFTC) on a crypto taxonomy to better define regulatory jurisdictions.

Entities

Coinbase · Commodity Futures Trading Commission · John Thune · Latham & Watkins · Paul Atkins · Securities and Exchange Commission · Securitize · U.S. Securities and Exchange Commission · U.S. Senate

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