Gate News reports that on March 18, SEC Chairman Paul Atkins proposed a regulatory safe harbor framework for crypto assets at the DC Blockchain Summit, including three exemption pathways: 1. Startup Exemption: up to four years, allowing projects to gain regulatory buffer before reaching maturity, with a maximum fundraising of $5 million within four years and submission of principle-based disclosures. 2. Financing Exemption: allows up to $75 million in funding within 12 months, requiring submission of disclosure documents including principle-based disclosures, financial condition, and financial statements to the SEC. 3. Investment Contract Safe Harbor: when the issuer completes or permanently ceases core management efforts under the investment contract, related crypto assets may be exempt from securities classification. Atkins stated that this framework draws on recent congressional work, especially the CLARITY Act, and is expected to release proposed rules for public comment in the coming weeks.
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