The US Securities and Exchange Commission has proposed new rules allowing crypto projects to raise funds without completing full registration. Eligible projects could raise up to $75 million over twelve months, with disclosure requirements increasing based on the amounts raised. The proposal also includes a mechanism for a token to be separated from the securities offering that funded its development once commitments to investors have been fulfilled. The draft rules are subject to a sixty-day public comment period and none of the rules is final yet.
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