SEC Cancels Anticipated Crypto Regulation Meeting

The State of Crypto meeting, scheduled for March 9 at the Securities and Exchange Commission (SEC), was canceled. The SEC confirmed that no discussion or vote would take place regarding crypto regulations.

According to an email sent by SEC staff to attendees, the meeting was never meant to be a public hearing but rather a 'status update' on ongoing work related to the regulation of digital assets.

The cancellation comes as a surprise to some in the industry, who were expecting more concrete action from the SEC. However, the agency has maintained that it is committed to providing clear guidance for investors and market participants.