SEC Chair Atkins discussed classifying crypto assets into non-securities (digital commodities, collectibles, tools, GENIUS Act stablecoins) & digital securities. SEC may allow digital assets to shed securities status after fulfilling commitments. A "Crypto Asset Regulatory Framework" proposes safe harbors for fundraising: startups get ~4 yrs, ~$5M cap; broader exemption allows ~$75M in 12 mos (with conditions). Investment contract safe harbor also proposed. Rules await public comment for regulatory clarity & innovation support. #cryptoregulation #SEC #blockchain #digitalassets