The crypto "safe harbor" framework enters White House review, including a startup exemption proposal.

According to BlockBeats, on April 7, SEC Chairman Paul Atkins stated that the proposed crypto "safe harbor" framework has entered the White House review process and is currently under OIRA review. It is expected to be released soon. The framework includes a "startup exemption," allowing crypto projects to raise funds over approximately four years, provided they fulfill disclosure obligations, along with a safe harbor for investment contracts and interpretive guidance on token classification.

In addition, the SEC is advancing an "innovation exemption" mechanism aimed at providing on-chain assets with arrangements similar to regulatory sandboxes, although the scope of this initiative remains under debate within the industry. (The Block)