Market Overview
Bitcoin steadied at $64,416.4 by 05:17 ET (09:17 GMT), a 0.4% rise, as investors parsed new U.S. regulatory proposals and ongoing Iran‑related geopolitical concerns. The broader risk‑off sentiment, driven by surging U.S. Treasury yields, kept crypto assets on the defensive.
SEC Proposal Details
The U.S. Securities and Exchange Commission introduced a draft framework titled Regulation Crypto Assets. The proposal creates two exemptions from securities registration: (i) eligible issuers may raise up to $5 million over a four‑year horizon, and (ii) offerings of up to $75 million are permitted within any 12‑month period. SEC Chairman Paul Atkins stated the rules aim to give crypto entrepreneurs clear pathways to raise capital under federal securities law and would provide a safe‑harbor provision once an issuer has completed or permanently ceased the essential managerial efforts promised under an investment contract.
White House Innovation Committee Meeting
President Donald Trump is slated to attend a White House session of the administration’s newly formed innovation committee on Wednesday. The gathering will bring chief executives from crypto firms, prediction‑market platforms, traditional finance, and the AI sector together for dialogue. A follow‑up meeting at the Commodity Futures Trading Commission is scheduled for Thursday, where the CFTC, which oversees the innovation committee, is expected to advance further discussion on crypto regulation. The SEC and CFTC developments occur as the broader Clarity Act, a major U.S. crypto regulatory overhaul, failed to pass in Congress.
Altcoin Performance
Other digital assets traded within tight ranges: Ether rose 1.4% to $1,922.06, XRP increased 1.1% to $1.0066, Solana gained 1.9%, Cardano 0.8%, BNB 0.3%, Dogecoin 0.4%, and the meme token $TRUMP climbed 1.1%.
Publication Details
The article, authored by Vahid Karaahmetovic and published by Reuters on 19‑08‑2026 at 12:06 pm, was updated at 02:50 pm the same day. It appears on Investing.com under the cryptocurrency news section.