SEC Proposes New Crypto Rules as CLARITY Act Faces Delay

The U.S. Securities and Exchange Commission has proposed a new framework for certain crypto assets that would give token issuers exemptions and a safe harbor, potentially allowing digital asset companies to raise capital without their tokens automatically being treated as investment contracts. The proposal comes as Congress struggles to advance the Digital Asset Market CLARITY Act, leaving the crypto industry facing continued uncertainty over how federal agencies will divide responsibility for digital assets.