SEC cancels Friday vote on crypto issuance exemption proposal

The U.S. Securities and Exchange Commission (SEC) canceled a public meeting scheduled for Friday that had been set to vote on a proposal to let crypto projects avoid traditional securities registration under certain conditions. The SEC described the change as caused by "unexpected scheduling issues" and has not announced a new date. The shelved meeting marked the regulator's first effort to establish dedicated issuance rules for crypto assets. The delay comes as the U.S. Senate is already in recess without advancing the Clarity Act, leaving both the legislative and regulatory routes to clearer crypto oversight at a standstill.

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