CoinDesk·3 min read·medium
SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date
J
Jesse Hamilton
✦AI Summary
The SEC has canceled a meeting to discuss its 'Reg Crypto' proposal, which was intended to provide a legal framework for crypto projects to issue securities. The delay leaves the industry in limbo as it waits for either the SEC or Congress to establish clear regulatory guidelines.
"Due to an unforeseen scheduling issue," the SEC is moving the meeting to "a later date," according to a statement from an agency spokesperson.
politicscryptoeconomy
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