CTF Written Submission

Subject: Comments on the SEC Crypto Task Force’s Questions Concerning Safe Harbor from Registration

June 3, 2025
  • The Hedera Council supports the establishment of a token safe harbor to provide regulatory certainty and transparency for new and existing companies in the digital asset industry.
  • The Council suggests modifying the definition of Network Maturity to include decentralized governance coordinated through a legal entity, termed as a "Decentralized Wrapper," to protect participants from general liability.
  • The Council advocates for retroactive availability of the safe harbor contingent upon full compliance with disclosure requirements to enhance market transparency and investor protection.

Last Reviewed or Updated: June 3, 2025