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SEC will simplify STO for cryptocurrency startups

SEC-will-simplify-STO-for-cryptocurrency-startups SEC will simplify STO for cryptocurrency startups

The US Securities and Exchange Commission (SEC) has proposed increasing the limits on attracting investments without registration, including those related to token-share placements (STOs).

SEC proposes to increase the limit on the amount attracted from investors as part of the offer of tokens under Rule A + from $ 50 million to $ 75 million, and crowdfunding income - $ 1 million to $ 5 million in 12 months. These rules, based on the 2012 Act called the Jumpstart Our Business Startup (or JOBS) Act, will allow young companies to raise funds without having to register as an open joint stock company.

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