The agency canceled its planned vote on exemptions for crypto asset offerings, citing scheduling issues without setting a new date.
The Securities and Exchange Commission canceled its Friday meeting to vote on proposing tailored rules for crypto asset offerings. The decision follows an unspecified scheduling conflict, with no rescheduled date announced. The vote would have marked the agency’s first crypto-specific rulemaking effort, aiming to create exemptions from traditional securities registration for crypto startups seeking capital raises.
The original notice, issued August 10, provided three business days’ advance warning. The proposed exemptions would have opened a public comment period rather than enacting binding rules. The cancellation comes days after the Senate adjourned without advancing the Clarity Act, leaving regulatory uncertainty for the crypto sector unresolved.
An SEC spokesperson confirmed the postponement but offered no further details on timing or the nature of the scheduling issue.