Zach Pandl: SEC proposes new regulations that may benefit ETH, SOL, and BNB

According to Bitcoin.com, Zach Pandl, the head of Grayscale Research, pointed out that if the proposed new rules for cryptocurrency financing by the US Securities and Exchange Commission are implemented, ETH, SOL, and BNB may become the main beneficiaries. The proposal establishes two exemption paths, with projects raising less than $5 million exempt from registration for four years and projects raising less than $75 million exempt from registration for one year. It also includes a conditional safe harbor, aiming to provide a clear domestic compliance path for cryptocurrency issuance and reduce issuers' motivation to operate overseas.