SEC’s proposed crypto rules probably won’t spark new ICO boom
The SEC’s ‘regulation crypto assets’ proposals could create early-round FOMO. But some tokens may still fall into the no-man’s land between security and non-security.
After what feels like a lifetime in the making, the SEC’s proposed new Regulation Crypto Assets rules could finally make public token sales easier in the United States.
The proposal would allow qualifying issuers to raise up to $75 million during any 12-month period, and potentially allow projects to return to investors to raise more funds year after year as they build out their networks.
That could create a new, staged model for token fundraising, and potentially make early allocations more attractive to investors betting on higher valuations later.
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