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SEC Cancels Meeting on Registration Exemptions for Crypto

SEC Cancels Meeting on Registration Exemptions for Crypto

The Securities and Exchange Commission has abruptly canceled an open meeting scheduled for Friday (Aug. 14) to consider proposed exemptions for digital asset companies. The cancellation postpones a potentially significant step in the agency’s effort to build a new regulatory framework for cryptocurrency while legislation remains stalled in Congress.

The SEC said Thursday (Aug. 13) that the meeting would be moved “due to an unforeseen scheduling issue,” according to Reuters. The agency did not announce a new date.

The cancellation delays a vote on whether to propose highly anticipated exemptions that could allow crypto startups to raise capital without complying with traditional securities-offering requirements. The meeting would…

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