The SEC has abruptly canceled Fridayâs meeting where commissioners were expected to vote on new crypto rules.
The proposal could have created exemptions allowing crypto startups to raise capital without following traditional securities-offering rules.
The timing is brutal.
The Senate has already left Washington without voting on the CLARITY Act, leaving the U.S. crypto industry with another major regulatory delay.
Crypto regulation in the U.S. just hit another roadblock. đ
