SEC Shelves Crypto Rule Meeting Days After Senate Punted Clarity Act
The SEC cancelled a Friday open meeting where commissioners were set to vote on whether to propose the agency’s first crypto-specific rules. The notice gave no new date, and the agency said only that the session was delayed because of an unforeseen scheduling issue. The planned vote would have sought public comment on exemptions that could let crypto startups raise capital without following standard securities offering rules. It would not have created binding rules, but it would have been the SEC’s first formal crypto-specific rulemaking effort rather than relying only on existing securities law. The cancellation came as Congress adjourned without advancing the Clarity Act, leaving a gap in crypto policy momentum. SEC Chairman Paul Atkins has outlined possible safe-harbor and innovation exemptions for certain crypto ventures, while the CFTC is still moving ahead with an advisory meeting on crypto, AI, and prediction markets.
