Regulation· ★★★· neutral·

Zcash policy group asks SEC to shield issuers' unrelated wallet activity

  • —PGPZ seeks explicit SEC permission for selective disclosure instead of full public wallet histories
  • —A valid transaction proof does not show how an issuer spent investor funds, the group argues
  • —The SEC's Aug. 18 proposal offers exemptions for raises up to $5M and $75M
  • —The comment deadline passed Oct. 20; Regulation Crypto Assets remains a proposed rule
Why it matters: The outcome will shape whether crypto issuers can raise capital in the US without exposing their entire onchain history.
#ZEC
Source: CryptoSlate
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