The US Securities and Exchange Commission abruptly cancelled its Friday, August 14 meeting to consider proposing Regulation Crypto, Reuters reported Thursday, citing an SEC statement that pointed to an unforeseen scheduling issue. No new date has been announced.

The meeting had been set for 10 a.m. ET to consider a release proposing a tailored offering regime for certain investment contracts involving crypto assets — the first formal crypto-specific rulemaking in the SEC’s 90-year history, and one that Reuters reported could create exemptions letting qualifying crypto startups raise capital without immediately complying with the full securities registration framework. The commission had announced the meeting on unusually short…