Crypto
U.S. SEC to unveil crypto safe harbor this month amid legislative uncertainty
The U.S. Securities and Exchange Commission plans to release this month a new draft rule that sets standards for issuing and selling crypto assets and includes exemptions for some on-chain financial activity. The SEC says the move aims to reduce legal uncertainty for crypto businesses by establishing exceptions and a safe harbor. The draft would go through a public comment process. The plan comes as U.S. Congress debates broad crypto legislation, with the schedule uncertain ahead of November midterm elections.
