SEC Cancels Crypto Meeting Amid Dogecoin Price Dip and Investment Outflows

The US Securities and Exchange Commission (SEC) cancelled its scheduled meeting on crypto offering rules, citing a scheduling conflict. This news came as Dogecoin's price dipped and linked investment products logged their first notable outflow in nearly ten days.

The SEC's move may have been influenced by the upcoming Senate vote on the Clarity Act, which could clear the way for clearer crypto regulations. The agency has not set a new date for the meeting, but plans to reschedule it.

Dogecoin's price sat near $0.0694, down about 0.79% in 24 hours after a steady afternoon slide. This move is roughly in line with the wider market's soft reaction to the SEC's decision.