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Grayscale says proposed SEC crypto rules could benefit ETH, SOL and BNB
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News EditorGrayscale research head Zach Pandl said on Aug. 19 that the U.S. Securities and Exchange Commission’s proposed Regulation Crypto Assets framework could increase on-chain token issuance. In Grayscale’s view, ETH, SOL and BNB may be potential beneficiaries if issuance activity rises. The proposal outlines two issuance exemptions: eligible issuers could raise up to $5 million over four years, or up to $75 million in any 12-month period, with the larger exemption carrying stronger disclosure and reporting obligations. It also includes a conditional safe harbor under which qualifying crypto assets would no longer be treated as investment contracts. Grayscale said more issuance could bring more U.S. issuers and investors on-chain, with value flowing back to the related blockchains and their native tokens.
Grayscale research head Zach Pandl said on Aug. 19 that the U.S. Securities and Exchange Commission’s proposed Regulation Crypto Assets rules could increase on-chain token issuance, making ETH, SOL and BNB potential beneficiaries.
The SEC proposal would create two issuance exemptions. Eligible issuers could raise as much as $5 million over four years, or up to $75 million in any 12-month period. The larger exemption would come with stricter disclosure and reporting obligations.
The proposal also includes a conditional safe harbor. Under that framework, qualifying crypto assets would no longer be treated as investment contracts.
Grayscale said that if issuance activity rises, more U.S. issuers and investors could move on-chain, and value may flow back to the related blockchains and their native tokens.
The comments were cited by Bitcoin.com News.
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