Token issuers

The SEC is proposing its first dedicated crypto offering rules aimed at providing new paths for token issuers to raise capital. The proposal details creating two exemption tracks for token offerings, as well as establishing a safe harbor that exempts certain crypto assets from securities law requirements.

Crypto market structure refers to the framework of participants, platforms, rules, and infrastructure in digital asset markets. It includes entities like crypto exchanges, brokers, custodians, market makers, token issuers, investors, and regulators.