A sudden scheduling change has put a closely watched crypto reform effort on hold, just as lawmakers stepped away from a key vote.

The U.S. Securities and Exchange Commission (SEC) abruptly canceled a meeting scheduled for August 14, during which it was expected to consider proposals for new rules for the cryptocurrency sector.

An SEC spokesperson attributed the postponement to unforeseen changes in the schedule. The regulator has not yet announced a new date for the vote.

What cryptocurrency rules was the SEC set to consider?

The Commission planned to put forward for a vote an initiative to introduce exemptions for cryptocurrency startups. This could allow such companies to raise capital without fully complying with the standard…