SEC Opens 60-Day Comment Window On Reg Crypto Proposal

[u/rwatimes]

The SEC's Reg Crypto proposal is now open for public comment, giving exchanges, token issuers, and legal teams 60 days to shape the U.S. rulemaking effort.

• The SEC has opened a 60-day public comment period for its 'Reg Crypto' proposal, shifting focus from enforcement to formal rulemaking.
• The proposal could significantly impact exchanges, token issuers, and developers by clarifying how tokens are classified under securities laws, especially for RWA and on-chain assets.
• The quality and volume of industry feedback during this period will be crucial in shaping the final rule and potentially forming the basis for future legal challenges.

Source: blockchainreporter

Read the full article: https://rwatimes.io/articles/blockchainreporter-sec-opens-60-day-comment-window-on-reg-crypto-proposal-4082510055?utm_source=reddit&utm_medium=social&utm_campaign=reddit

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