Former SEC Commissioner Paul Atkins Proposes Crypto Safe Harbor Rules

Former U.S. Securities and Exchange Commission (SEC) Commissioner Paul Atkins has introduced a proposal called Regulation Crypto Assets that would establish three regulatory paths for cryptocurrency projects, according to Cointelegraph. The framework includes a startup exemption, a fundraising exemption, and an investment contract safe harbor intended for crypto asset developers. Cointelegraph reports that the proposal is aimed at providing greater regulatory clarity for the sector following what it describes as several years of enforcement-focused policies under prior SEC leadership.