TD Cowen Says Aug. 14 SEC Meeting Could Be Turning Point for Crypto Rules
JH Kim
Summary
- TD Cowen said the SEC’s public meeting scheduled for Aug. 14 could mark a major turning point for cryptocurrency regulation.
- TD Cowen said the SEC may create a separate regulatory framework for the legal issuance and sale of tokens by crypto projects.
- TD Cowen said a safe harbor that would allow a temporary exemption from securities registration requirements for early-stage token sales could be introduced first.
Forecast Trend Report by Period
TD Cowen said the US Securities and Exchange Commission’s public meeting on Aug. 14 could mark a major turning point for cryptocurrency regulation.
The investment bank said, according to The Block on Aug. 11, that the SEC may establish a separate regulatory framework for the legal issuance and sale of tokens by crypto projects. It also said the agency could first introduce a safe harbor that would temporarily exempt early-stage token sales from securities registration requirements.
JH Kim
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