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SEC’s Hester Peirce still plans to push for a token ‘safe harbor’ plan
It’s been almost 3 years since SEC commissioner Hester Peirce released her updated Token Safe Harbor Proposal 2.0, but she isn’t giving up.
It’s been almost three years since Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC) released her updated Token Safe Harbor Proposal 2.0 – but she isn’t giving up. The safe harbor plan aimed to provide initial development teams with a three-year grace period during which they could participate in and create a decentralized network, and be exempt from “registration provisions of the federal securities laws so long as certain conditions are met,” according to a GitHub document. Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favorite pod platform to hear more stories and tips from the entrepreneurs building today’s most innovative companies.
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