White House Optimistic on September CLARITY Act Vote as SEC Unveils Standalone Crypto Framework

The SEC has unveiled 'Regulation Crypto Assets,' a bespoke regulatory framework for digital assets built on four pillars: a startup exemption, a capital-raising exemption, an investment contract safe harbor, and a new definition of 'qualified purchaser,' giving crypto companies a clear pathway to raise capital without securities registration. Industry groups welcomed the move, and the White House expressed optimism about the CLARITY Act ahead of its first procedural vote on September 15. However, negotiations over stablecoin compensation and conflict-of-interest provisions tied to President Trump's crypto ventures remain key hurdles.