The SEC Proposes Its First Full Crypto Rulebook After a Bizarre Delay

The SEC has proposed Regulation Crypto Assets, a nearly 400-page rulebook that would let startups raise capital without full securities registration and give tokens a safe harbor out of securities status. The proposal surfaced four days after the agency abruptly canceled the vote meant to approve it. It arrived the same week Trump met crypto executives at the White House and the CFTC held its first Innovation Advisory Committee session.