The United States Securities and Exchange Commission (SEC) on Nov. 2, voted to change the rules of fundraising provision by increasing the limits. Taken in the context of cryptocurrencies and Security Token Offerings (STOs), the changes may benefit cryptocurrency companies looking to raise capital.

Under the new rules, companies can now raise $5 million in total under Regulation Crowdfunding provisions, $75 million under Regulation A, and $10 million under Rule 504 of Regulation D. Other changes include modifications to accredited investor limits and filing.

The changes suggest the crowdfunding process may be quicker and more effective due to less paperwork and greater limits.