Bitcoin breaks $72K, Regulation Crypto Assets is the booster Core issues in the crypto space before: - Talent drain, U.S. token issuance faces securities risks - Quality projects leaving, bad coins driving out good coins - Project teams cashing out on investors, then starting new schemes to repeat the cycle - Quality project teams withdrawing, investors unable to access good projects also leave, creating a vicious cycle, loss of liquidity, and turning blockchain into a PVP casino How the 'Regulation Crypto Assets' proposal addresses these: - Allows companies to raise funds through crypto via Startup Exemption and Fundraising Exemption, instead of the more cumbersome securities financing - Conditional safe harbor lets project teams meet certain conditions to be exempt from securities laws and SEC oversight, enabling tokens to legitimately become "non-securities" - Requires teams to disclose information on their websites, preventing anonymous teams from repeatedly exploiting investors—this protects investors This draft protects both genuine entrepreneurs and investors, a long-term positive for the industry. Hoping it gets implemented soon! #Crypto #Bitcoin #Blockchain #Regulation #CryptoAssets