@zodl_co retweet (Wed Oct 21 14:25:13 +0000 2026): Original @pgpzcash (Wed Oct 21 14:07:07 +0000 2026): Gm! Yesterday, we submitted comments on the @SECGov's proposed Regulation Crypto Assets, focusing on financial privacy and the Zcash ecosystem. The proposal would create new fundraising exemptions and a conditional safe harbor for determining when a crypto asset is no longer subject to an investment contract. We’re asking the SEC to: • Preserve the distinction between a crypto asset and an investment contract involving it. • Expressly accommodate encrypted transactions and zero-knowledge proofs. • Allow verification without unnecessary disclosure of financial histories, wallet information, or sensitive keys, while preserving material investor information. • Clarify that continued maintenance, research, and development do not, by themselves, prevent safe harbor eligibility. • Allow safe harbor use without implying an admission of prior investment-contract or issuer status. The proposed disclosures would apply to issuers using the exemptions, not the Zcash ecosystem generally. Where they apply, compliance should be possible without disabling shielded transactions or exposing unrelated financial activity. Financial privacy should be compatible with clear, workable rules. Read our comments here: https://t.co/g3LLXGdF2s