Overview
- The SEC canceled an open meeting to consider publishing its proposed 'Regulation Crypto' framework, a step confirmed on Thursday that left the session scheduled for Friday without a new date.
- 'Regulation Crypto' was to create a tailored offering regime for certain crypto investment contracts and include possible safe harbors and a fit‑for‑purpose startup exemption to ease token fundraising and experimentation.
- Congress’s competing CLARITY Act remains delayed with a key procedural vote pushed to September 15, leaving September as the next clear milestone for U.S. crypto policy.
- Public communications increased confusion because the SEC events page at times still listed the meeting and the agency called the change a result of an unforeseen scheduling issue, leaving market participants unsure whether the delay is administrative or substantive.
- The cancellation follows Chair Paul Atkins’s broader shift from enforcement toward formal rulemaking after the agency rescinded prior crypto accounting guidance and moved to drop major suits, and the outcome will shape how startups and investors raise capital and test new token models.