SEC delays Regulation Crypto meeting with no new date

The U.S. Securities and Exchange Commission cancelled its Aug. 14 open meeting on Regulation Crypto late Thursday, delaying a vote on whether to publish proposed rules for certain crypto asset offerings. Summary SEC cancelled its August 14 Regulation Crypto meeting, leaving the proposal without a new date. Regulation Crypto would create tailored offering rules for certain investment contracts involving digital asset offerings. The SEC said an unforeseen scheduling issue forced the postponement, according to an agency spokesperson. Atkins previously outlined startup, fundraising, and investment contract safe harbors as components of Regulation Crypto. Senate cloture on the CLARITY Act is scheduled to ripen September 15 after lawmakers return. The meeting had been scheduled for 10:00 a.m. ET and contained one agenda item: a tailored offering regime for certain investment contracts involving crypto assets. The SEC’s official notice confirms the meeting was cancelled. The cancellation should not be read as the SEC withdrawing Regulation Crypto. The formal notice gave no reason or replacement date. An agency spokesperson separately told Reuters that the meeting would be moved “due to an...