Global Stock News

US securities regulator cancels meeting to vote on crypto rules

US securities regulator cancels meeting to vote on crypto rules

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,…

Source link

Share this article

Scroll to Top