By Hannah Lang

Aug 13 (Reuters) – The U.S. Securities and Exchange Commission on Thursday abruptly canceled a meeting scheduled for Friday on whether the agency should propose new crypto-related rules.

In a statement, an SEC ​spokesperson said the meeting would be moved “due to an unforeseen scheduling ‌issue.”

The agency was set to vote on proposing highly anticipated exemptions that would allow crypto startups to raise capital without having to comply with traditional securities offering rules.

The delay comes after the Senate left Washington on Saturday for a five-week recess without voting on ‌the ​industry’s top legislative priority, the Clarity Act, suggesting ⁠the bill’s chances of passage ⁠have dimmed. The…