SEC hears from Blockchain Assoc., Home Republicans on ‘change’ definition proposal

America Securities and Change Fee (SEC) prolonged the feedback interval for its proposal to amend Rule 3b-16 of the Securities Change Act of 1934, which ended June 13. The Blockchain Affiliation and Republican members of the Home of Representatives Committee on Monetary Companies filed last-minute feedback.

The amendments proposal, which runs for lots of of pages, was launched in January 2022. It didn’t point out digital property. One other prolonged doc was launched when the remark interval was reopened. It did handle digital asset platforms. The amendments might profoundly affect the crypto business, in line with observers, and so they have drawn quite a few destructive reactions.

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