TradingKey – The US SEC plans to launch two new crypto initiatives this week to fill current regulatory gaps.

According to a Bloomberg report on August 12, amid the delay of the Clarity Act, the US Securities and Exchange Commission (SEC) plans to leverage its existing administrative authority to launch two major new crypto regulatory initiatives to meet regulatory needs during the legislative vacuum. However, will this move provide upward momentum for cryptocurrencies?

It is reported that the SEC plans to formally announce the following two administrative initiatives as early as this Friday’s public meeting: 1. A customized issuance mechanism for specific crypto asset investment contracts, aimed primarily at establishing a tailored…