The U.S. Securities and Exchange Commission (SEC) abruptly canceled a public meeting it had announced to discuss crypto asset rulemaking. While no official reason was given, multiple sources familiar with the matter said concerns over the Digital Asset Market Clarity Act—known as the “Clarity Act”—currently moving through Congress are behind the decision.

The SEC announced early last week that it would hold a public meeting to discuss a “Reg Crypto” rulemaking proposal outlining how crypto companies could raise funds using tokens and issue their own digital assets outside SEC jurisdiction. The meeting was also expected to unveil portions of the long-delayed innovation exemption, which addresses how security token issuers can handle…