The U.S. Securities and Exchange Commission (SEC) announced its decision to cancel a planned Friday meeting intended for proposing “Regulation Crypto,” a significant regulatory proposal in digital assets. Industry expectations had anticipated this SEC move, which was expected to offer a framework for the issuance of crypto securities without requiring registration under existing laws.
This cancellation leaves the Digital Asset Market Clarity Act as the sole remaining legislative pathway forward, pending further action from both branches.
Written by James Tobias
Bitcoin Desk