US SEC Proposes New Crypto Regulation Framework for Token Fundraising

The US SEC has proposed a new compliance framework for token fundraising, introducing two registration exemptions under the Securities Act of 1933. The plan would allow startups to raise up to $5 million over four years and larger offerings up to $75 million annually, with a conditional safe harbor for issuers who complete key managerial tasks. The proposal also aligns with Countering the Financing of Terrorism (CFT) requirements, and public comments are open for 60 days after Federal Register publication.