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SEC Shelves Crypto Rule Meeting Days After Senate Punted Clarity Act

SEC Shelves Crypto Rule Meeting Days After Senate Punted Clarity Act

In brief

  • The SEC has canceled Friday’s meeting, at which commissioners were to vote on proposing a tailored offering regime for crypto assets.
  • A spokesperson cited “an unforeseen scheduling issue,” with no replacement date announced.
  • It would have been the agency’s first crypto-specific rulemaking, and followed the Senate leaving for recess without advancing the Clarity Act.

The Securities and Exchange Commission has called off an open meeting scheduled for Friday morning at which its three commissioners were to vote on proposing the agency’s first crypto-specific rules, Reuters reported on Thursday.

The formal notice, issued under the Sunshine Act and signed by SEC secretary Vanessa Countryman, records only that the meeting “has been…

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