SEC Approves Crypto Asset Regulation Proposal; ‘Bull Comes’ Meme Coin Surges

TREE NEWS update: The SEC committee approved the ‘Crypto Asset Regulation’ proposal via seriatim voting, allowing certain crypto issuances to raise up to $75M annually without SEC registration and establishing a conditional safe harbor. Meanwhile, BSC meme coin ‘Bull Comes’ briefly exceeded $40M market cap. Other news: Hyperliquid and tradeXYZ proposed pre-IPO perpetuals to SEC, and Chainalysis sued the US government over an ICE contract awarded to TRM Labs.