The U.S. Securities and Exchange Commission has advanced a draft safe-harbor mechanism and sent it to the White House for review.

Overview of the proposed regime

The mechanism would allow crypto projects to launch without immediate full registration, while requiring a minimum level of investor disclosures.

Under the proposal, eligible startups could operate under simplified rules for up to 4 years, developing operations before completing full registration.

Regulatory details

The regime aims to balance market access and investor protection by mandating baseline transparency alongside relaxed procedural requirements.

Projects using the safe harbor would not skip disclosure obligations; they would follow scaled reporting designed to inform potential investors about key risks and structures.

Policy intent and next steps

According to the SEC, the approach is intended to foster industry growth and to help build a more resilient regulatory foundation for digital-asset firms.

The draft has reached the White House and is reportedly in a final stage before publication, after which formal rulemaking and comment periods would follow.