SEC Proposes Crypto Fundraising Overhaul With $75M Exemption and Token Safe Harbor

TLDR: SEC proposes a Tier 2 crypto exemption allowing qualifying issuers to raise up to $75M within 12 months. A startup exemption would let covered crypto offerings raise up to $5M over a maximum four-year period. Tier 1 would cap exempt fundraising at $20M yearly, while Tier 2 would require audited financial statements. Token safe [...]

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