Friday’s SEC vote could unlock $75 million crypto raises – or trap token issuers in unexpected legal fine print

Aug. 11, 2026 at 8:10 pm GMT • 2 min read 01 The SEC may open a crypto fundraising proposal for comment, but it would not create an immediate exemption. 02 Atkins’s examples include a four-year, $5 million startup lane and a separate $75 million annual fundraising lane. 03 Eligibility, resale rules, and investor limits remain unknown until staff drafting reveals the proposal’s actual scope.The U.S. Securities and Exchange Commission will vote Friday on whether to authorize proposed crypto fundraising rules that could give some token projects a tailored route to raise capital without full securities registration. If approved, the proposal would open for public comment when released. It would not give issuers an exemption they could use immediately.The open meeting is scheduled for 10 a.m. ET on Aug. 14. It could translate parts of a framework that SEC Chair Paul Atkins outlined in March into a formal Commission proposal, but Atkins presented those ideas as his own views and used example figures rather than settled limits.The two proposed crypto fundraising rules address capital raising. A startup exemption could run for up to four years and allow an illustrative $5 million over that...