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.
SEC Approves Crypto Asset Regulation Proposal; ‘Bull Comes’ Meme Coin Surges
AI take
The registration exemption and conditional safe harbor are the first concrete US regulatory carve-out for token issuance, which matters most for projects that previously had no compliant path to raise capital domestically. Pairing that with a BSC meme coin briefly topping $40M market cap shows the market is reading regulatory clarity as a risk-on signal, even in the least regulated corner of the market. Whether the safe harbor's conditions prove workable for serious issuers, rather than just the meme tier, is the open question.
Generated by AI for reference only.
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