SEC Changes Rules, Making Fundraising Easier for Crypto Firms
The U.S. Securities and Exchange Commission (SEC) has amended some exemption rules, making it easier for crypto companies to raise funds. The rule changes raise fundraising limits for Regulation Crowdfunding, Regulation A, and Regulation D’s Rule 504 offerings. SEC’s New Rules Allow Crypto Companies to Raise More Money The SEC announced Monday that it has amended some rules pertaining to several exemptions. Among other changes, the regulator has increased “the offering limits for Regulation A, Regulation Crowdfunding, and Rule 504 offerings” and has revised....
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The popularity of crypto sector is climbing higher daily. More companies are diving into the industry, given its high potential for making more profits than most conventional assets. These emerging firms notably impact the system by providing unique crypto-related products and services. For the success of most of their projects, some of these crypto service firms engage in fundraising. These processes have become one of the famous activities that occur in the crypto industry. Such rounds usually help them generate most of the required funds to facilitate their ongoing or future projects.....
If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go through a long screening process. The Japanese government is considering a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market.Sources quoted in Bloomerg said that if the new rules are passed, exchanges that have registered with the Financial Services Agency (FSA) would be able to list certain assets without performing a lengthy screening process. Digital assets that have been listed for more than six months on at....
Rarible said it will use the funds to hire new team members, and announced the launch of a marketplace on the Flow blockchain. Major venture capital firms responsible for crypto investments have led the latest $14.2 million fundraising round for Rarible, the online marketplace behind many nonfungible token listings.In a Wednesday announcement, Rarible said crypto investment group Coinfund and Venrock — the venture capital arm of the Rockefeller family — had led a $14.2 million Series A fundraising round for the nonfungible token, or NFT, platform. Rarible said it will use the funds to hire....
Thailand has reportedly revised its net capital rules which help securities firms launch cryptocurrency exchanges. The country now has 15 licensed crypto service providers. New Thai Rules and Crypto Exchanges The Thai Securities and Exchange Commission (SEC) has revised its net capital (NC) rules which help securities companies provide crypto services, the Bangkok Post reported Wednesday. “The revised NC rules are expected to help free up liquidity for securities firms that plan to enter new business such as open digital or cryptocurrency exchanges,” the publication conveyed,....
Consensus and governance have been two main topics of conversation in the Bitcoin community over the past year. While making changes to Bitcoin Core may seem trivial to some, the politics associated with certain proposals have caused major issues for the development process. Bitcoin Developer and Ciphrex CEO Eric Lombrozo gave a talk that mainly focused on potential options for scaling Bitcoin at the Blockchain Agenda Conference in San Diego, and he dedicated a portion of his presentation to the current issues surrounding possible changes to Bitcoin’s consensus rules. Lombrozo covered soft....