US Blockchain Association Calls on SEC to Clarify Token Decentralization Standards, Supports 24/7 Trading
Source：
theblockchainassociation.org
Event types：
Online/Update
、
Regulation/Compliance
、
Financing/Fundraising
Odaily Report: The Blockchain Association has submitted a comment letter to the SEC regarding its "crypto asset regulation" proposal, recommending raising the startup exemption cap to $10 million, the fundraising exemption to $150 million (supporting on-chain transparency as an alternative to audits, with airdrops excluded from the count), and establishing a third-party filing safe harbor for existing tokens.The Blockchain Association calls for clear, objective decentralization standards for tokens to shed their "investment contract" status (such as open-source code and the absence of unilateral review rights), while strengthening federal regulatory preemption over state-level legislation, and supporting 24/7 exchange trading and self-custody.
