đš SEC Delays Major Crypto Rulemaking Move
The SEC has reportedly put a pause on one of its most important crypto rulemaking efforts â just one day before the planned vote.
On Thursday evening, August 13, the SEC canceled its Friday meeting, where its three commissioners were expected to vote on a proposal known as âRegulation Crypto.â The framework could potentially give certain token projects a way to raise funds without going through the full securities-registration process.
The SEC cited an âunforeseen scheduling issueâ and hasnât announced a new date yet.
Why is this important? đ
This would have been the SECâs first formal, agency-led crypto rulemaking effort â a major step beyond the enforcement actions and guidance that have shaped U.S. crypto policy so far.
It also comes as the CLARITY Act faces delays in Congress, while lawmakers continue working toward broader crypto market-structure rules.
There are reports that some SEC action could complicate ongoing CLARITY Act negotiations, while traditional finance groups have also pushed back on related tokenization proposals. However, the SEC itself has not confirmed these concerns.
đ The bigger picture:
SEC rules can move faster than legislation, but future commissioners can also change or reverse them. Laws passed by Congress are generally harder to unwind, but they can take much longer to get through the legislative process.
With the SEC vote now delayed and the CFTC holding its own crypto-focused session on August 20, U.S. crypto regulation still has several moving pieces.
The big question is:
đ Will meaningful crypto regulation come faster from Congress, or from agencies like the SEC and CFTC?
For now, it looks like the road to regulatory clarity is anything but straightforward. đ€
$GPS $TUT $HEMI
DYOR â this is for informational purposes, not financial advice.
The SEC has reportedly put a pause on one of its most important crypto rulemaking efforts â just one day before the planned vote.
On Thursday evening, August 13, the SEC canceled its Friday meeting, where its three commissioners were expected to vote on a proposal known as âRegulation Crypto.â The framework could potentially give certain token projects a way to raise funds without going through the full securities-registration process.
The SEC cited an âunforeseen scheduling issueâ and hasnât announced a new date yet.
Why is this important? đ
This would have been the SECâs first formal, agency-led crypto rulemaking effort â a major step beyond the enforcement actions and guidance that have shaped U.S. crypto policy so far.
It also comes as the CLARITY Act faces delays in Congress, while lawmakers continue working toward broader crypto market-structure rules.
There are reports that some SEC action could complicate ongoing CLARITY Act negotiations, while traditional finance groups have also pushed back on related tokenization proposals. However, the SEC itself has not confirmed these concerns.
đ The bigger picture:
SEC rules can move faster than legislation, but future commissioners can also change or reverse them. Laws passed by Congress are generally harder to unwind, but they can take much longer to get through the legislative process.
With the SEC vote now delayed and the CFTC holding its own crypto-focused session on August 20, U.S. crypto regulation still has several moving pieces.
The big question is:
đ Will meaningful crypto regulation come faster from Congress, or from agencies like the SEC and CFTC?
For now, it looks like the road to regulatory clarity is anything but straightforward. đ€
$GPS $TUT $HEMI
DYOR â this is for informational purposes, not financial advice.