Update
SEC to Continue Accepting Comments on Regulation Crypto Proposal
The Securities and Exchange Commission (SEC) announced that it will continue accepting comments on its Regulation Crypto Assets proposal after the October 20 deadline. The proposal, which was initially set to close on October 20, 2026, has already received approximately 140 submissions from various industry groups, firms, and individual members of the public. The SEC confirmed there was no formal extension to the comment period. The proposal, which aims to create a structured framework for certain investment contracts involving crypto assets, includes two main exemptions under the Securities Act of 1933: a startup exemption for up to $5 million in four years and a fundraising exemption for up to $75 million in a 12-month period, with issuers required to file ongoing reports.