Proposed rules would create a tailored securities offering regime for certain investment contracts involving crypto assets
https://www.sec.gov/newsroom/press-releases/2026-76-sec-proposes-new-regulation-crypto-assetsAI Crypto Headlines:
"Small projects will be able to raise up to $5 million over four years without full registration with the SEC. They only need to disclose key information about the investment contract and the token itself.
A separate exception will allow projects to raise up to $75 million over 12 months without standard registration. The requirements are more stringent: they must disclose information about the project, its financial condition, and provide financial statements, as well as maintain regular reporting.
A clear "safe harbor" mechanism is being introduced: if the team has fully completed or permanently ceased all significant management efforts promised to investors, the token ceases to be considered the subject of an investment contract and is no longer considered a security.
The token itself is not necessarily a security. The investment contract under which the token was sold may be a security.
The rules provide crypto projects with a clear, legal way to raise capital in the US without undergoing traditional securities offering registration. Federal exemptions will take precedence over state requirements.
This is currently only a proposal. After the official publication, the regulator will accept comments from market participants for 60 days."
