The SEC meeting has been canceled for 3 days and hasn’t been rescheduled yet: has the new encryption rule fallen through?
On August 14, the SEC was originally scheduled to hold a meeting to vote on an important Crypto proposal, but it was temporarily canceled.
As of August 17, the SEC website still only shows “Cancelled” and no new meeting date has appeared.
But the easiest thing to misunderstand here is this:
what was canceled was that meeting, not these crypto rules.
The original agenda was to study creating a dedicated issuance regime for certain “investment contracts” involving Crypto, so that some startups wouldn’t have to completely follow the traditional rules for securities offerings. The SEC’s stated reason for canceling was simply “unexpected scheduling conflicts.”
In one sentence:
It’s not that the SEC said “we’re not doing it,” but that the scheduled vote on August 14 didn’t take place.
What’s truly worth watching is the next step: when the meeting will be rescheduled, and whether the final version will continue to include more permissive issuance paths such as Safe Harbor and the Startup Exemption.
For now, don’t interpret this as a regulatory shift that’s bad news.
No new date means it’s a delay; only when the agenda is withdrawn can it be called a real reversal.
#SEC #crypto
#美sec取消加密规则制定会议
On August 14, the SEC was originally scheduled to hold a meeting to vote on an important Crypto proposal, but it was temporarily canceled.
As of August 17, the SEC website still only shows “Cancelled” and no new meeting date has appeared.
But the easiest thing to misunderstand here is this:
what was canceled was that meeting, not these crypto rules.
The original agenda was to study creating a dedicated issuance regime for certain “investment contracts” involving Crypto, so that some startups wouldn’t have to completely follow the traditional rules for securities offerings. The SEC’s stated reason for canceling was simply “unexpected scheduling conflicts.”
In one sentence:
It’s not that the SEC said “we’re not doing it,” but that the scheduled vote on August 14 didn’t take place.
What’s truly worth watching is the next step: when the meeting will be rescheduled, and whether the final version will continue to include more permissive issuance paths such as Safe Harbor and the Startup Exemption.
For now, don’t interpret this as a regulatory shift that’s bad news.
No new date means it’s a delay; only when the agenda is withdrawn can it be called a real reversal.
#SEC #crypto
#美sec取消加密规则制定会议