SEC Chairman Paul Atkins announced that the proposed crypto 'safe harbor' framework is currently under review by the White House's Office of Information and Regulatory Affairs (OIRA) and is expected to be released soon. The framework includes a 'startup exemption' allowing crypto projects to raise funds over approximately four years while fulfilling disclosure obligations. It also provides investment contract safe harbor and token classification guidance. Additionally, the SEC is advancing an 'innovation exemption' mechanism aimed at offering a regulatory sandbox-like arrangement for on-chain assets, though its scope remains contentious within the industry.
SEC's Crypto 'Safe Harbor' Framework Under White House Review
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