SEC postpones its Aug. 15 meeting to propose Regulation Crypto and tokenized-stock innovation exemption, citing scheduling issues with no new date announced.
Regulation & Gov ·
The U.S. Securities and Exchange Commission postponed its August 15 meeting intended to propose "Regulation Crypto," citing an unforeseen scheduling issue with no new date announced. The proposed rule, described as a tailored offering regime for certain investment contracts, would establish the first major crypto securities exemption framework in the U.S. The agency's "innovation exemption" for tokenized securities was also expected to face delays.
Regulation Crypto had been positioned as a limited framework allowing crypto securities issuance without triggering standard SEC registration requirements. The postponement leaves the industry in a holding pattern, as progress on the Senate's Digital Asset Market Clarity Act remains uncertain and lawmakers continue negotiations with the White House on clearing the 60-vote threshold needed for Senate passage.
The delay extends uncertainty for tokenization projects and keeps the timeline for major domestic crypto regulatory clarity unresolved. Whether rulemaking from the SEC or legislative action from Congress will materialize first remains unclear.