SEC Proposes Crypto Rules Ahead of White House Summit

The Securities and Exchange Commission (SEC) has proposed new rules for cryptocurrencies ahead of the White House's upcoming summit on digital assets. The proposal, known as the Clarity Act, sets a specific date for clarity on regulations.

No exact date is given in the source for when this regulation will take place, but it is mentioned that it will occur before the White House summit. The SEC aims to provide more transparency and clearer guidelines for investors in crypto markets.