SEC Postpones Crypto Rule Proposal Amid Congressional Gridlock

The U.S. Securities and Exchange Commission (SEC) has postponed its proposal for a new rule governing digital assets, delaying the creation of a framework for issuing crypto securities without registration requirements.

The SEC canceled a scheduled meeting to unveil 'Regulation Crypto' due to an unforeseen scheduling issue, providing no new date for the session.

This move comes as the industry awaits clearer operating rules amid stalled legislation in Congress, including the Digital Asset Market Clarity Act, which has halted progress in the Senate.