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BreakingCrypto

Major Crypto Firms Support SEC Proposed Regulation for Digital Assets

First Detected: Oct 21, 2026, 7:12 AM
Last Update: about 1 hour ago
1 update

Event Summary

In October 2021, Ripple filed a comment letter supporting the SEC's proposed Regulation Crypto Assets. The proposed regulation relies on the Howey test to define securities. It specifically treats the investment contract as the security rather than the digital asset itself.

Timeline

Latest developmentabout 14 hours ago

Ripple backs crypto fundraising exemption capped at $75 million, seeks safeguards

The company is seeking protection for good-faith participants from retroactive regulatory decisions and opposes income and wealth limits for crypto buyers in the secondary market.

Read the full story

Key facts

  • Ripple filed a comment letter supporting the SEC's proposed Regulation Crypto Assets.
  • The proposed regulation relies on the Howey test, treating the investment contract rather than the crypto asset itself as the security.