SEC proposes Reg Crypto exemptions for token raises up to $75M per 12 months
The plan pairs a repeatable issuance path with language that could extend securities risk into secondary trading.
The plan pairs a repeatable issuance path with language that could extend securities risk into secondary trading.
The Markets/Crypto page is timestamped 2026-08-25, but only a cookie-consent overlay is visible in the excerpt.
BTC traded at $77,559 after briefly topping $79,000, with $2.61B in BTC/ETH ETF inflows and a Sept. 15 CLARITY vote ahead.
Industry lawyers welcomed the shift to formal rulemaking, but still point to the Clarity Act as the durable fix.
The update keeps alive a bid for what Grayscale has framed as the first U.S. Zcash ETF, but the amendment’s details are not disclosed in the packet.
The Aug. 18 amendment disclosed non-binding talks for a ~200,000 ZEC purchase, while futures volume hit $4.55B versus $553M spot.
The fourth amended registration also outlines continuous issuance, redemptions, and a non-binding ~200,000 ZEC DCG discussion.
He floated a DCM-style “crypto asset market” label as a fallback if the bill cannot reach 60 votes within three weeks.
The proposal sets $5M/4-year and $75M/12-month issuance caps and opens a 60-day comment window after Federal Register publication.
People familiar with the decision tied the delay to Clarity Act negotiations ahead of an expected Senate vote next month.
The endowment’s crypto ETF value fell from $14.6M to $12.4M as BTC, ETH, and SOL declined over the quarter.
The firm says the US affiliate can trade stocks and options and act as an ETP authorized participant tied to digital assets.
U.S. rules remain fragmented, but SEC and CFTC joint guidance in 2025–2026 hints at a more unified compliance path.
The company reported $1.10B in digital assets at June 30, down from $1.64B at end-2025, ahead of an Aug. 6 insider share unlock.
The Nasdaq-listed firm marked its 75.1M 0G token treasury at $15.2M fair value versus $163.3M cost as of June 30.
Commissioners invited written statements due Aug. 24, extending uncertainty for US-listed BTC index options timing.
The July drawdown-driven transfer leaves open whether a disclosed $1.11B BTC miner basket was sold.
No pending DCM filing was visible in CFTC records as of the day the plan was announced at Rare Evo.
White House adviser Patrick Witt rejected the reported BRCA language as Senate leaders leave no vote scheduled before Aug. 7.
The slump lands alongside tighter APAC enforcement, from India’s BitChat GitHub order to Thailand’s Bitkub disclosure case.