The Zhitong Finance App learned that on Wednesday, Circle (CRCL.US) rose more than 7% to $77.06. According to the news, on August 18, the US Securities and Exchange Commission SEC issued a “Crypto Asset Regulation” proposal. The framework will allow crypto projects to raise up to 75 million US dollars without full securities registration and establish a conditional safe harbor mechanism for some crypto assets, so that they are no longer considered securities after the conditions are met.

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