Vault12 says SEC token safe harbor still leaves exchanges exposed to retroactive claims
- —SEC floated Regulation Crypto Assets in August 2026 to exempt token fundraising
- —Vault12 says exchanges fear the SEC could later contest token status
- —It proposes a 60-day objection window, with fraud cases excluded
Why it matters: The outcome will determine whether US exchanges can list new tokens without legal uncertainty.
Source: PANews