The Securities and Exchange Commission proposed a new regulatory framework for crypto assets on Tuesday, letting token issuers raise up to $75 million a year without registering the offering. The plan also includes a safe harbor that would pull some tokens out of the definition of a security.
Translation:सिक्योरिटीज एंड एक्सचेंज कमीशन (SEC) ने मंगलवार को क्रिप्टो संपत्तियों के लिए एक नया नियामक ढांचा प्रस्तावित किया, जिसमें टोकन जारीकर्ताओं को पेशकश पंजीकृत किए बिना प्रति वर्ष $75 मिलियन तक जुटाने की अनुमति दी गई। योजना में एक सुरक्षित बंदरगाह (safe harbor) भी शामिल है जो कुछ टोकन को सुरक्षा की परिभाषा से बाहर कर देगा।
Note: "Securities and Exchange Commission" - we can keep as SEC, but in first mention we might expand. I'll write "सिक्योरिटीज एंड एक्सचेंज कमीशन (SEC)" but that is long. Actually, in Hindi media, they often use "SEC" directly. But to be accurate, we can write "अमेरिकी प्रतिभूति और विनिमय आयोग (SEC)"? But that might be too formal. Let's keep it as "SEC" and explain in parentheses? Actually, the requirement says "Keep proper nouns (names, company names) in original form" so we can keep "SEC" as is. But we need to translate the rest. So I'll write: "SEC ने मंगलवार को क्रिप्टो संपत्तियों के लिए एक नया नियामक ढांचा प्रस्तावित किया, जिससे टोकन जारीकर्ता पेशकश पंजीकृत किए बिना प्रति वर्ष $75 मिलियन तक जुटा सकते हैं। इस योजना में एक सुरक्षित बंदरगाह (safe harbor) भी शामिल है जो कुछ टोकन को सुरक्षा की परिभाषा से बाहर कर देगा।" But "safe harbor" is a legal term, we might keep it as "safe harbor" or translate as "सुरक्षित आश्रय"? Actually, in legal context, "safe harbor" is often used as is. But we can explain. I'll keep "safe harbor" as "सेफ हार्बर" or "सुरक्षित बंदरगाह"? I'll use "सुरक्षित आश्रय" but that might not be common. Let's check: In Indian legal context, "safe harbor" is often used as is. So I'll write "सेफ हार्बर" but with explanation? Actually, the requirement says "Use appropriate Hindi terminology for crypto/tech terms" but safe harbor is not crypto-specific. I'll keep it as "safe harbor" in English within parentheses or as is? I'll write "सुरक्षा प्रदान करने वाली व्यवस्था (safe harbor)" but that's lengthy. Perhaps we can just say "एक सुरक्षा उपाय" but it's not exactly. I'll go with "सेफ हार्बर" and maybe add a parenthetical explanation: "जिसे सेफ हार्बर कहा जाता है" but that's extra. Let's keep it simple: "एक सेफ हार्बर" - but we need to make it understandable. I'll write "एक सुरक्षित क्षेत्र (safe harbor)"? Actually, the concept is that it provides protection from liability, so "सुरक्षा आश्रय" might be good. I'll use "सुरक्षा आश्रय" and keep "safe harbor" in parentheses. But to be consistent, I'll just use "safe harbor" as is, since it's a specific term. I'll write: "योजना में एक सुरक्षा उपाय (safe harbor) भी शामिल है..." Hmm. Better to keep it simple: "इस योजना में एक सेफ हार्बर भी शामिल है जो..." But "सेफ हार्बर" is not standard Hindi. I'll use "सुरक्षित बंदरगाह" but that might be literal. Actually, in financial context, "safe harbor" is often translated as "सुरक्षित बंदरगाह" in some Hindi articles. I'll go with that. So first paragraph: "SEC ने मंगलवार को क्रिप्टो संपत्तियों के लिए एक नया नियामक ढांचा प्रस्तावित किया, जिसमें टोकन जार
