US SEC Proposes Separate Crypto Fundraising Rules Amid Clarity Act Delays

The US Securities and Exchange Commission (SEC) is advancing its own set of rules for crypto fundraising, separate from the proposed exemption in the Senate's version of the CLARITY Act.

This move reflects the SEC's commitment to providing regulatory clarity to the rapidly evolving digital assets market. The agency has been working on a safe harbor proposal that includes exemptions for registration, fundraising, and investment contracts.

The standalone rules will allow crypto startups to raise capital while offering investor protections, in line with existing securities laws. This development comes as the Senate's version of the CLARITY Act faces delays in passage due to ongoing negotiations over stablecoin yields and other requirements.