SEC crypto safe harbor proposal moves to White House

A proposed safe harbor framework from SEC Chair Paul Atkins, designed to allow crypto projects to raise capital with investor protections without immediate registration, has advanced to the White House. The proposal is now under review by the Office of Information and Regulatory Affairs (OIRA), a division of the Office of Management and Budget. Atkins indicated that the regulatory proposal is expected to be published "shortly" after this review process is completed, marking a significant step towards potentially clearer regulations for the digital asset industry.