The U.S. SEC cancels its August 14 crypto rules-setting meeting. The official explanation is “unforeseeable scheduling issues,” with no new date provided. But what truly unsettles the market is the context behind it—on August 8, the Senate entered a five-week recess, the Clarity Act (the Digital Assets Market Clarity Act) did not get a vote, and the legislative pathway was frozen first. Now the SEC’s Regulation Crypto (a roughly 400-page token issuance exemption proposal) has also been postponed. With both the administrative and legislative “dual tracks” stalled at the same time, crypto startups’ long-awaited safe harbor is forced to be delayed. 📉
In the near term, the rule vacuum continues. BTC trades sideways around $64,000, ETH tests the $1,700 support level, and BNB is locked in a tug-of-war around $600. The Fear and Greed Index falls into “Extreme Fear.” Leveraged longs face large-scale liquidations, and BTC📉, ETH📉, and BNB📉 are under three-line pressure, with rebounds lacking fundamental catalysts.
In the mid-to-long term, rulemaking has not been withdrawn. The SEC’s website still keeps the meeting agenda, and the “innovation exemption” track led by Atkins remains unchanged. Once Congress reconvenes in September and the Clarity Act restarts its vote, clearer regulation is still a highly likely outcome. If the rules are implemented, BTC📈, ETH📈, and BNB📈 could see a compliance-driven tailwind. For now, it’s “a delay” rather than “a turn”—patience is more valuable than panic. #美SEC取消加密规则制定会议
$BTC
$ETH
$BNB
In the near term, the rule vacuum continues. BTC trades sideways around $64,000, ETH tests the $1,700 support level, and BNB is locked in a tug-of-war around $600. The Fear and Greed Index falls into “Extreme Fear.” Leveraged longs face large-scale liquidations, and BTC📉, ETH📉, and BNB📉 are under three-line pressure, with rebounds lacking fundamental catalysts.
In the mid-to-long term, rulemaking has not been withdrawn. The SEC’s website still keeps the meeting agenda, and the “innovation exemption” track led by Atkins remains unchanged. Once Congress reconvenes in September and the Clarity Act restarts its vote, clearer regulation is still a highly likely outcome. If the rules are implemented, BTC📈, ETH📈, and BNB📈 could see a compliance-driven tailwind. For now, it’s “a delay” rather than “a turn”—patience is more valuable than panic. #美SEC取消加密规则制定会议
$BTC
$ETH
$BNB