đš SEC Crypto Meeting Canceled Last MinuteâHere's What You Need to Know
The SEC just postponed its big crypto rulemaking vote, citing scheduling conflicts.
What was supposed to happen?
Commissioners were set to vote on "Regulation Crypto"âa proposal to let specific token projects raise funds without jumping through standard securities registration hoops.
Why was it pulled?
Congress stalled on the CLARITY Act before going on recess, and TradFi players reportedly pushed back on tokenization exemptions.
The Bigger Picture:
Agency rules can happen quickly, but they are vulnerable to future administrative changes.
Congressional laws take time, but stick around long-term.
The CFTC has its own session coming up on August 20.
Is agency rulemaking or federal legislation the better path for long-term Web3 stability? Let us know below. đ
$GPS
#SECCancelsCryptoRulemakingMeeting #SECCancelsCryptoRulemakingMeeting #BinanceSquareTalks
$TUT
The SEC just postponed its big crypto rulemaking vote, citing scheduling conflicts.
What was supposed to happen?
Commissioners were set to vote on "Regulation Crypto"âa proposal to let specific token projects raise funds without jumping through standard securities registration hoops.
Why was it pulled?
Congress stalled on the CLARITY Act before going on recess, and TradFi players reportedly pushed back on tokenization exemptions.
The Bigger Picture:
Agency rules can happen quickly, but they are vulnerable to future administrative changes.
Congressional laws take time, but stick around long-term.
The CFTC has its own session coming up on August 20.
Is agency rulemaking or federal legislation the better path for long-term Web3 stability? Let us know below. đ
$GPS
#SECCancelsCryptoRulemakingMeeting #SECCancelsCryptoRulemakingMeeting #BinanceSquareTalks
$TUT