THE SEC WILL VOTE ON THE FIRST ENCRYPTION PROPOSAL ON AUGUST 14TH

THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC) WILL VOTE ON 14 AUGUST TO ADOPT ITS FIRST FORMAL ENCRYPTION RULE PROPOSAL. THE PROPOSAL WAS 400 PAGES LONG, CREATED THREE EXEMPTION ROUTES, PROVIDED DECENTRIZED EXIT MECHANISMS FOR TOKENS AND PROPOSED A FRAMEWORK THAT MIGHT MAKE PARLIAMENTARY LEGISLATION OPTIONAL。