SEC's Crypto 'Safe Harbor' Framework Enters White House Review

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On April 7, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the proposed crypto “safe harbor” framework is currently under review by the White House’s Office of Information and Regulatory Affairs (OIRA), with a potential for rapid release. The framework includes a “startup exemption” permitting four years of fundraising with disclosure requirements, along with a safe harbor for investment contracts and guidance on token classification. The SEC is also developing an “innovation exemption” for on-chain assets, with a compliance framework expected to support Counter-Terrorism Financing (CTF) efforts, although industry concerns regarding its scope remain.

BlockBeats report: On April 7, SEC Chair Paul Atkins stated that the proposed crypto "safe harbor" framework has entered the White House review process and is currently under review by OIRA, with an expected imminent release. The proposal includes a "startup exemption" allowing crypto projects to raise funds for approximately four years while fulfilling disclosure obligations, alongside配套 investment contract safe harbors and interpretive guidance on token classification.


In addition, the SEC is advancing an "innovation exemption" mechanism aimed at providing a regulatory sandbox-like arrangement for on-chain assets, though the scope remains controversial within the industry. (The Block)

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