SEC's Crypto "Safe Harbor" Plan Heads to White House Review

BlockBeats reports that on April 7, SEC Chair Paul Atkins said the agency's proposed crypto "safe harbor" framework has moved into the White House review process and is now being evaluated by OIRA, with publication expected soon. The plan would introduce a "startup exemption" that lets crypto projects raise capital for roughly four years while meeting specified disclosure requirements. It also outlines related safe harbors for investment contracts and provides interpretive guidance on how tokens may be classified. Separately, the SEC is pushing an "innovation exemption" designed to function like a regulatory sandbox for onchain assets, though the industry remains divided over how broad it should be. (The Block)