The SEC’s Crypto Offering Rule Stops Bending Tonight, and Platforms Are Still Sitting in the Footnotes

At 11:59:59 p.m. Eastern tonight, October 20, the public comment file on the Securities and Exchange Commission’s Regulation Crypto Assets proposal shuts, which is 03:59:59Z on October 21. That closes the last public window for the industry to hold the pen on what would be the first purpose-built federal offering regime for crypto. The final 48 hours of the docket were busy. AIMA, Bitwise Asset Management, the Hyperliquid Policy Center and Hivemind Capital Partners filed on October 19, and the Aleo Network Foundation on October 18, after earlier entries from GLEIF, Chainalysis and John Reed Stark Consulting with Duke’s Lee Reiners. Those names and dates run as reconstructed from the SEC’s indexed public comment listing. The agency’s pages block automated retrieval, so the letters themselves were not retrieved.

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