SEC Delays Crypto Regulation Meeting
The SEC has delayed its meeting on a proposal for regulating cryptocurrencies, sending shockwaves through the market. The delay comes after the proposal was initially set to be discussed in late February but has now been pushed back to an unspecified date.
As a result of the delay, Bitcoin's price and other crypto stocks have fallen. The exact reasons behind the delay are not clear, and there is no indication of when or if the meeting will take place.