The US Securities and Exchange Commission (SEC) is set to unveil its long-awaited crypto safe harbor proposal as early as this month, according to an updated regulatory agenda.
The proposal, known as Regulation Crypto, aims to provide clear guidelines for the digital asset industry and offer safe harbor protections for select DeFi and tokenized securities activities.
Under the proposed rules, eligible startups could raise up to $75 million through qualifying crypto investment contracts, while entrepreneurs may have a valuation of under $5 million in their first four years.
The SEC's move marks a shift away from its previous reliance on enforcement actions and toward a formal rulemaking process aimed at providing greater regulatory clarity for the industry.