The Block: The SEC would still be watching under Peirce’s safe harbor proposal – and they’d know where to look
Quick Take
SEC Commissioner Hester Peirce introduced a proposed rule that would give token projects safe harbor for three years, allowing them time to sufficiently decentralize their networks
The application for safe harbor would require a variety of disclosures, putting the details of many projects on the SEC’s radar
Though it’s only in proposal form, Peirce’s announcement is already making waves in the ecosystem.
Additional Info
- Read full article on: The Block
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