U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings
The U.S. SEC has scheduled a meeting for August 14 to propose 'Reg Crypto,' a new regulatory framework aimed at providing clarity for digital asset offerings. This move follows the failure of the Digital Asset Market Clarity Act in the Senate and seeks to establish a formal path for crypto firms to raise capital.
SEC Chairman Paul Atkins has long set the goal of this rulemaking as one of the major points of his crypto regulatory plan, and the agency has schedeuled August 14 for the meeting at which the three-member commission (all Republicans) will open the SEC proposal for public comment. The regulator issued a Monday night notice announcing the Friday meeting with unusually short notice, though it's been on the agency's agenda for some time .
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