Crypto Market Update: SEC Proposes Crypto Exemption Rules

Bitcoin price update

Bitcoin (BTC) was priced at US$68,411.90, up by 5.7 percent over the past 24 hours.

The crypto markets surged alongside equities this afternoon following an announcement by the Treasury that it will at least double the size of its long-dated bond buyback operations starting Sept. 9. The news eased yields immediately and prompted traders to shift back toward stocks, gold and crypto, with Bitcoin breaking above its 200-day moving average.

Lacie Zhang, a research analyst at Bitget Wallet, says BTC may be entering a bottoming process but is likely to remain within a broad US$55 – US$80K range through year-end, with compressed volatility and slowing long-term-holder distribution reducing the likelihood of another sharp move in either direction.

“Spot volumes are subdued versus prior peaks, consistent with post-2025 deleveraging and an orderly recovery. If US$60,000 – US$62,000 support holds, the setup offers asymmetric upside; confirmation of a durable bottom still requires sustained volume and less fear,” Zhang wrote in a commentary piece shared with INN.

However, Standard Chartered analyst Geoff Kendrick clocks the key technical level at US$65,500, with a break above that threshold potentially confirming that the cycle low is already in. “Investors should now be positioning for a move ot USD $100,000 by year-end 2026,” he wrote in a note shared with Cointelegraph.

Today’s crypto news to know

Read on for a round-up of the biggest crypto market news:

• SEC proposes capital-raising rules for crypto startups
• South Korea blocks Polymarket access
• Compound Foundation earmarks US$52 million for investment
• Kalshi files for two new perpetual futures contracts
• Interstice Digital releases Cross-Chain Swap Engine

SEC proposes capital-raising rules for crypto startups

The US Securities and Exchange Commission (SEC) has proposed a customized regulatory framework to grant crypto companies exemptions from traditional securities laws.

The proposed “Regulation Crypto Assets” establishes clear pathways for digital asset entrepreneurs to raise capital. SEC Chair Paul Atkins stated the framework prevents a future rogue regulator from unwinding industry progress.

“Given the progress made in Congress to date on market structure legislation, let me be clear up front: legislation remains indispensable to enacting “future-proofed” rules of the road that are durable enough to protect the work we are undertaking today from being unwound by a future rogue regulator. The SEC has and will continue to support Congress in delivering the CLARITY Act to President Trump’s desk,” Atkins said in an SEC statement.

The proposal includes a…