- SEC sent two major crypto regulatory proposals to White House OMB in March 2026.
- Chairman Paul Atkins proposes an innovation exemption, delays Form PF to reduce burdens.
- OMB review may reshape regulations, offering relief and clarity for crypto markets.
The Securities and Exchange Commission (SEC) has sent two major regulatory proposals to the White House for review. The plans focus on digital assets and hedge fund disclosures. The Office of Management and Budget (OMB) is now assessing its potential impact on financial markets and crypto regulation.
SEC Sends Crypto Innovation Proposal to OMB
The SEC, under Chairman Paul Atkins, submitted two proposed rules to the OMB on March 20, 2026. The filings became public on March 23 through the reginfo.gov portal.
The first proposal introduces an innovation exemption for digital asset firms. The measure would allow crypto companies to operate temporarily without registering as exchanges or brokers.
The proposal introduces a temporary 18–24 month exemption allowing digital asset firms to operate without immediate registration, provided they demonstrate genuine technological innovation. During this period, transaction limits would apply to protect retail investors, and companies must submit regular reports to the SEC.
After the exemption ends, firms would be expected to transition toward full registration. The proposal also follows the SEC’s March 3 “token taxonomy” interpretation, which aims to clarify which digital assets qualify as securities.
SEC Moves to Delay Form PF Disclosures
The second proposal targets Form PF, used by hedge funds and private equity firms to report risk exposures. The SEC is reviewing disclosure requirements and delaying certain reporting obligations.
Some Form PF disclosures are now postponed until October 1, while regulators assess whether existing reporting rules create unnecessary burdens.
These requirements were expanded after the 2021 Archegos collapse and strengthened under prior regulatory updates.
OMB Review May Shape Crypto Regulations
The OMB is now reviewing both proposals to assess their broader financial impact. The process typically takes up to 90 days, followed by potential public comment and final rulemaking.
If approved, the innovation exemption could provide clearer guidance for crypto firms operating in the United States. The framework may also offer a structured path toward compliance for exchanges, token issuers, and DeFi platforms.
The review marks an early step in potential regulatory changes affecting digital assets and private fund disclosures.
Related:SEC Chair Atkins Plans Crypto Innovation Exemption for 2026
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
