The US Securities and Exchange Commission (SEC) has announced a meeting to consider “new rules to create a tailored offering regime for certain investment contracts involving crypto assets.”

According to the SEC’s agenda, the commission will hold an open meeting on Friday that has the potential to address policies and regulations affecting the crypto industry in the absence of action from US Congress. Last week, lawmakers in the Senate failed to pass the Digital Asset Market Clarity Act, also known as CLARITY, which was expected to provide a comprehensive framework for financial regulators on the oversight of cryptocurrencies.

SEC Chair Paul Atkins said before the recess that the agency was “ready, willing, and able to come out…