07.04.2026 11:40

Here is therewritten news report, incorporating all key details using original language, varied sentence structures, and replacing the specific website reference:

**SEC Advances "Reg Crypto" Proposal for Token Fundraising**

The U.S. Securities and Exchange Commission (SEC) has significantly progressed its regulatory framework for cryptocurrency assets. Chair Paul Atkins confirmed that the "Reg Crypto" proposal is now undergoing final review at the White House, positioning it for imminent release. This new regulatory structure specifically targets the complexities surrounding token-based fundraising.

A core element of the proposal is a tailored exemption for startups. This provision would allow early-stage blockchain projects to raise capital through tokens, capped initially at $5 million per year under a time-limited window, estimated to last up to four years. Simultaneously, a separate, broader fundraising exemption is designed to permit projects to raise up to $75 million within any single 12-month period.

Crucially, the framework introduces a "safe harbor" mechanism. This innovative feature provides a clear, defined path for projects to signal when a token transitions out of being classified as a security, typically as the project becomes sufficiently decentralized. This replaces the current regulatory uncertainty with a structured process.

The proposal aligns with Section 103 of the Senate's Clarity Act, which outlines a similar exemption for capital-raising activities. This alignment aims to provide greater regulatory certainty for the burgeoning crypto sector while facilitating access to capital.

**Key Details Retained:**
* **SEC Progress:** "Reg Crypto" proposal moved to final White House review stage.
* **Startup Exemption:** Up to $5M per year for up to 4 years.
* **General Exemption:** Up to $75M per 12-month period.
* **Safe Harbor:** Mechanism to signal transition from security to non-security status as decentralization increases.
* **Legislative Alignment:** Aligns with Section 103 of the Senate's Clarity Act.
* **Purpose:** Facilitate token fundraising without immediate full securities registration, providing regulatory clarity.