On May 29, the CFTC approved a Bitcoin perpetual contract for a regulated US exchange. Almost three months later, on Aug. 18, the SEC proposed a legal route through which crypto projects could someday raise money from the public under rules written for token networks.

Source: [CryptoSlate](https://cryptoslate.com/the-us-approved-high-leverage-bitcoin-trading-while-crypto-founders-remain-legally-blocked-from-raising-funds/)

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