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SEC Abruptly Cancels Public Crypto Rulemaking Meeting Amid Clarity Act Talks

SEC Abruptly Cancels Public Crypto Rulemaking Meeting Amid Clarity Act Talks

  • The U.S. SEC has abruptly canceled a public meeting that was set to discuss digital-asset, or cryptocurrency, rulemaking.
  • CoinDesk reported that concerns over negotiations on the Clarity Act, a bill aimed at defining the digital-asset market, were a factor in the SEC’s decision to delay the meeting.
  • Industry participants said the rulemaking process and companies’ compliance preparations could each take up to a year, meaning the final regulatory framework may not be settled until the next administration takes office.

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Photo: Shutterstock
Photo: Shutterstock

The U.S. Securities and Exchange Commission has abruptly canceled a public meeting it had planned to discuss digital-asset…

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