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SEC Commissioner Proposes 3-Year Safe Harbor Period for Cryptocurrency Projects
Summary: Hester Peirce, the SEC Commissioner, is looking to give cryptocurrency projects a legitimate shot at success without breaking U.S. securities laws. The two-year official at the Securities and Exchange Commission, who has been nicknamed “CryptoMom,” has proposed a safe harbor for cryptocurrency projects. The proposal would give cryptocurrency startups a three-year grace period from their ...
Hester Peirce, the SEC Commissioner, is looking to give cryptocurrency projects a legitimate shot at success without breaking U.S. securities laws.
The two-year official at the Securities and Exchange Commission, who has been nicknamed “CryptoMom,” has proposed a safe harbor for cryptocurrency projects. The proposal would give cryptocurrency startups a three-year grace period from their first token sale to allow them to reach a level of decentralization sufficient to pass the agency’s securities evaluations.
By Roland James
Tags: Cryptocurrency,Hester Peirce,SEC
Link: SEC Commissioner Proposes 3-Year Safe Harbor Period for Cryptocurrency Projects [Copy]
