The U.S. Securities and Exchange Commission (SEC) has called off the open meeting scheduled for Friday, Aug. 14, at which it planned to propose Regulation Crypto, its first substantive rulemaking for digital assets. The cancellation came less than a day before the session was due to begin, and no replacement date has been announced.
A Sunshine Act notice posted Thursday and signed by SEC Secretary Vanessa Countryman confirmed the cancellation. An agency spokesperson told Unchained: “The SEC is committed to delivering on the President’s agenda to bring certainty to the crypto space. Due to an unforeseen scheduling issue, tomorrow’s Open Meeting will be moved to a later date.”
Regulation Crypto is expected to provide a limited pathway for issuing crypto assets without triggering SEC registration requirements, while allowing projects to eventually exit SEC oversight as they decentralize. The proposal had raised hopes for clearer rules amid the stalled Senate Digital Asset Market Clarity Act.
The meeting was also set to include details on the SEC’s “innovation exemption” for tokenized securities. However, a source familiar with the matter told Crypto in America host Eleanor Terrett that the agency is delaying the framework over concerns it could negatively impact negotiations on the tokenization section of the Clarity Act.
SEC Chairman Paul Atkins has described Regulation Crypto as a tailored offering regime for certain investment contracts and a centerpiece of his digital assets plan. In April, he confirmed the framework had reached White House review at the Office of Information and Regulatory Affairs.
