The SEC just dropped new crypto rules designed to bring order to the market—no CLARITY Act in sight. These guidelines let companies raise funds without every token automatically being classified as an investment contract, a major win for operators. But no “innovation exemption” this time. Limits are strict: $5 million over four years or $75 million in 12 months—with mandatory reporting. The public has 60 days to chime in. With Congress on break and other regulators like the CFTC eyeing crypto, this move signals a push for clarity—even if lawmakers are still hashing it out.
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