SEC Delays Crypto Regulation Meeting Amid Clarity Act Concerns

The US Securities and Exchange Commission (SEC) has delayed its planned meeting on crypto regulation, reportedly due to concerns from the White House that the discussion could complicate congressional negotiations over the Clarity Act.

The Clarity Act covers crypto fundraising and tokenised securities, and the SEC's discussion of crypto fundraising rules and review of exemptions related to securities-token trading could intersect with this legislation.

Industry officials said the White House requested the delay after concluding that the two regulatory issues could affect bill negotiations. The delayed meeting was meant to launch the formal process for adopting a new rule on crypto fundraising called Regulation Cryptoassets.