SEC Proposes Regulation Crypto Assets to Brighten Up Token Offerings
The Securities and Exchange Commission has proposed new rules titled Regulation Crypto Assets to establish a tailored framework and exemptions for certain investment contracts involving digital assets. Down here in Baja, nobody is reading the Federal Register while the Pacific swell is firing and the town transformer just blew for the third time this week. Local expats are too busy trading tequila shots for fish tacos to worry about compliance exemptions or fundraising thresholds. Let the bureaucrats in Washington draft their safe harbors; we are just trying to find a corner store that accepts cash instead of smart contracts.