SEC Chair Paul Atkins stated that their proposed crypto "safe harbor" framework has entered the White House review process and is currently under OIRA review, with an expected release soon; the plan includes a "startup exemption" allowing crypto projects to raise funds over approximately four years while fulfilling information disclosure obligations, along with supporting investment contract safe harbor and token classification explanatory guidelines; additionally, the SEC is also advancing an "innovation exemption" mechanism, aiming to provide on-chain assets with a regulatory sandbox-like arrangement, but the scope of this remains controversial within the industry. (The Block)