The SEC's Proposed Crypto Offering Framework: A Good First Step or Too Little Too Late?

On August 18, 2026, the Securities and Exchange Commission (“SEC”) proposed Regulation Crypto Assets (“Reg CA”) — the agency's first standalone offering framework designed specifically for crypto assets. The proposal arrives at an inflection point. Congress has not yet moved the Digital Asset Market Clarity Act (“CLARITY Act”) to the Senate floor, and the crypto industry remains starved for regulatory certainty. Reg CA is the most consequential SEC rulemaking in this space since the SEC stood up... By: Mintz