TLDR
- Paul Atkins, SEC Chair, announced the Regulation Crypto Assets framework has reached the Office of Information and Regulatory Affairs (OIRA) at the White House for examination
- The framework encompasses three core components: a startup exemption, a fundraising exemption, and an investment contract safe harbor provision
- Under the startup exemption, cryptocurrency ventures could secure funding across a four-year timeline with reduced disclosure obligations
- The investment contract safe harbor aims to shield specific digital assets from securities classification after development teams conclude their active management responsibilities
- A supplementary innovation exemption is being developed that would function as a regulatory testing ground for blockchain-based assets
A significant milestone has been reached in the SEC’s efforts to establish clear cryptocurrency regulations. During Monday’s announcement, SEC Chair Paul Atkins revealed that the Regulation Crypto Assets framework has advanced to the Office of Information and Regulatory Affairs for evaluation. OIRA review represents the final administrative hurdle before public commentary begins through Federal Register publication.
🚨BREAKING: SEC Chair Atkins says crypto safe harbor proposal now at White House for final review
“We’ll have reg crypto that we’ll be proposing here shortly. It’s in fact at OIRA right now.”
The framework lets crypto projects raise capital without immediate registration during… pic.twitter.com/CThsA8zA5g
— Coin Bureau (@coinbureau) April 7, 2026
Speaking at a blockchain and digital assets conference co-hosted by Vanderbilt University and the Blockchain Association, Atkins indicated the framework would receive public release in the near term.
Originally unveiled by Atkins during mid-March, the regulatory framework aims to provide cryptocurrency ventures with expanded operational flexibility prior to mandatory SEC registration requirements.
Three fundamental pillars comprise the proposed framework. The startup exemption component permits emerging projects to secure capital up to a specified threshold during a four-year window, accompanied by streamlined disclosure standards.
The fundraising exemption element enables token issuers to raise predetermined amounts within a 12-month timeframe while maintaining eligibility for additional registration exemptions available under federal securities regulations.
Finally, the investment contract safe harbor provision offers protection for select digital tokens against securities designation after project development teams have fulfilled their commitments to early investors.
Understanding the Token Classification Framework’s Industry Impact
The SEC published comprehensive token taxonomy guidelines in March, marking the agency’s inaugural effort to consolidate digital asset classification criteria within a unified document. According to Atkins, the safe harbor framework is structured to complement these classification standards.
Atkins emphasized the SEC’s commitment to incorporating industry feedback to ensure the proposal achieves practical viability. He revealed that supplementary provisions are being integrated into the package extending beyond the three primary exemption categories.
Concurrently, the SEC is crafting an innovation exemption mechanism that would establish a regulatory testing environment for on-chain digital assets. This concept has encountered resistance from conventional financial sector entities, who express concerns that expansive exemptions might compromise investor safeguards and market supervision.
Controversy Surrounding Regulatory Methodology
Citadel Securities has advocated for the SEC to implement conventional notice-and-comment rulemaking procedures. The Blockchain Association countered Monday, asserting that traditional rulemaking processes aren’t mandatory and noting the SEC’s historical reliance on exemption frameworks.
Atkins maintained the agency possesses appropriate authority to advance an exemption-based approach, adding that specifications governing the innovation exemption would be disclosed imminently.
Simultaneously, legislative efforts on comprehensive cryptocurrency regulation continue in Congress. Atkins highlighted the importance of statutory legislation, noting that regulatory agency rules face greater vulnerability to reversal by subsequent administrations compared to congressional laws.
OIRA examination constitutes a routine component of federal regulatory development. Following completion, the framework will appear in the Federal Register, initiating the public comment period.


