🚨 SEC Proposes $75 Million Fundraising Cap for Crypto Startups
The US SEC is reviewing a proposal to establish two new fundraising exemptions for crypto ventures. The framework offers a primary path for startups to raise up to $75 million in any 12-month period, alongside a secondary option for $5 million over a four-year window.
Industry stakeholders have until October 20 to submit formal feedback. Currently, 31 comments are on record, addressing critical issues like disclosure requirements, investor protections, and how the $75 million ceiling should be calculated for projects using shared infrastructure.
#SEC #CryptoRegulation #Fundraising #Web3
The US SEC is reviewing a proposal to establish two new fundraising exemptions for crypto ventures. The framework offers a primary path for startups to raise up to $75 million in any 12-month period, alongside a secondary option for $5 million over a four-year window.
Industry stakeholders have until October 20 to submit formal feedback. Currently, 31 comments are on record, addressing critical issues like disclosure requirements, investor protections, and how the $75 million ceiling should be calculated for projects using shared infrastructure.
#SEC #CryptoRegulation #Fundraising #Web3