SEC Proposes New Crypto Rules to Replace Outdated Framework

The U.S. Securities and Exchange Commission has proposed a new compliance framework to replace its enforcement-first strategy with clearer rules for crypto fundraising. SEC Commissioner Hester Peirce called the move a meaningful step toward enforceable crypto regulations. The proposal follows the Senate's failure to pass the Digital Asset Market Clarity (CLARITY) Act and aims to improve liquidity and crypto markets through more structured guidance for digital asset offerings.