SEC Proposes Token Offering Rules With $75 Million Exemption
The SEC proposed token offering rules creating a $75 million exemption from registration and a conditional safe harbor removing the "investment contract" classification from tokens. All three sitting commissioners voted to support the proposal, which preempts state securities law.
Read full story →Kalshi Brings Crypto’s Perpetual Futures Model to Stocks With CFTC Filing
Kalshi filed with the CFTC to launch perpetual futures contracts for stock indices and copper. These products extend the leverage model common in cryptocurrency markets into traditional equities trading.
Harmony Protocol Plans Network Rollback After Token Forgery Exploit, Raising Blockchain Immutability and Lack of Decentralization Concerns
Harmony Protocol plans to rollback its blockchain to reverse an unauthorized minting event that created trillions of forged ONE tokens. The action raises concerns about blockchain immutability and the protocol's degree of decentralization.
Regulation Crypto Assets: SEC Proposes New Rules for Crypto
The SEC proposed new rules that would clarify how securities laws apply to digital asset offerings and preempt state authority. The regulation, called Regulation Crypto Assets, would support secondary trading of certain digital assets.