Vault12 submits a letter of opinion to the US Securities and Exchange Commission, pointing out that the proposed token safe harbor lacks regulatory certainty

Vault12 has submitted an opinion letter to the US Securities and Exchange Commission, pointing out that the proposal for a token safe harbor lacks regulatory certainty, causing the exchange to remain concerned about future accountability. Vault12 raised $17.45 million through a future token agreement, and its Vault Guardian Token has not yet been listed on a centralized exchange. Vault12 suggests adding a 60 day objection period. If the US Securities and Exchange Commission does not raise an objection within this period, eligible filings should have final effect on the institution.