SEC Proposes New Offering Framework for Certain Crypto Assets

On August 18, 2026, the Securities and Exchange Commission (SEC) proposed Regulation Crypto Assets, a new regulatory framework for certain “covered investment contracts” involving crypto assets. “Covered investment contract” would be defined as an investment contract to which a crypto asset is subject, provided that the crypto asset itself is not a security.... By: Pillsbury Winthrop Shaw Pittman LLP