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      Regulation Crypto Assets: SEC Proposes Bespoke Offering Regime for Certain Crypto Assets

      Seeking to establish a new framework for offerings of investment contracts involving crypto assets, the US Securities and Exchange Commission’s proposed Regulation Crypto Assets would, if adopted, establish two new exemptions from the registration requirements of Section 5 under the Securities Act; a safe harbor from being deemed an investment contract under the Securities Act and Exchange Act; and a definition of “qualified purchaser” under the Securities Act that would preempt state securities...
      By: Morgan Lewis

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud