SEC’s crypto safe harbor proposal moves to White House review stage
The SEC’s crypto safe harbor proposal is undergoing White House review to establish clearer regulatory frameworks for token fundraising and DeFi innovation.Summary
SEC Chair Paul Atkins announced that the proposed Regulation Crypto Assets (Reg Crypto) framework has entered the review phase at the Office of Information and Regulatory Affairs (OIRA). The proposal aims to provide exemptions for early-stage crypto projects and token fundraising, while also establishing a safe harbor mechanism to determine when assets transition away from securities law oversight. Additionally, the SEC plans to introduce an innovation exemption for DeFi. These efforts, which align with the Senate’s CLARITY Act, seek to offer a structured disclosure environment for the crypto industry, supported by a newly established Memorandum of Understanding between the SEC and CFTC to improve regulatory coordination.
(Source：Crypto Briefing)