SEC proposes $75M crypto token sale rule that the market has outgrown - Crypto News

The SEC’s proposed rule reportedly sets a $75 million cap on crypto token sales conducted under a streamlined offering framework. The measure appears intended to modernize registration requirements for digital asset issuers while maintaining investor safeguards. If finalized, it would allow projects to raise up to that amount with lighter disclosure obligations than a full public offering.

Yet the $75 million ceiling is widely viewed as out of step with the crypto market’s scale. Many token raises already exceed that level through private placements or other exemptions, meaning the proposal may have limited practical impact on the largest projects. It does, however, signal the SEC’s continued effort to fit digital assets into existing securities law.

Investors and issuers should watch the rule’s progress through the public comment period and any adjustments to the dollar threshold. Equally important is how the SEC applies other requirements—such as disclosure standards and resale restrictions—to token offerings. The final framework will help define the boundary between retail participation and accredited-only sales, shaping how crypto projects access public capital.