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SEC Finalizes Rule Change That Could (One Day) Juice Token Sales

Companies can now raise more money under three key securities exemptions without having to register with SEC.

Updated Sep 14, 2021, 10:26 a.m. Published Nov 2, 2020, 8:15 p.m.
U.S. Securities and Exchange Commission Chairman Jay Clayton
U.S. Securities and Exchange Commission Chairman Jay Clayton

The U.S. Securities and Exchange Commission (SEC) has increased limits dictating how much capital companies can raise before registering in a move that could be a boon for security token offerings (STOs).

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  • Companies can now raise $5 million in total under Regulation Crowdfunding provisions (previously: $1.07 million), $75 million under Regulation A+ (previously: $50 million) and $10 million under Rule 504 of Regulation D (previously: $5 million), the SEC said.
  • As CoinDesk reported in March, the heightened caps could make it easier for startups to conduct security token offerings without running afoul of the regulator.
  • SEC also relaxed certain restrictions governing document filing, solicitation practices and accredited investor investment limits in the Monday announcement.
  • Chairman Jay Clayton said the changes will ease the burden of capital formation for small and medium-sized businesses.

Read more: SEC Proposal Could (Eventually) Unleash Security Token Sales

In addition to making it easier to raise funds, startups will be able to raise more money and provide themselves a bit more runway as they try to launch operations than under the old caps.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Here’s why bitcoin’s is failing its role as a 'safe haven' versus gold

Here’s why bitcoin’s is failing its role as a 'safe haven'

Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.

Yang perlu diketahui:

  • During recent geopolitical tensions, Bitcoin lost 6.6% of its value, while gold rose 8.6%, demonstrating bitcoin's vulnerability in times of market stress.
  • Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash, contrary to its reputation as a stable digital asset.
  • Gold remains the preferred hedge for short-term risks, while bitcoin is better suited for long-term monetary and geopolitical uncertainties that unfold over years.