The U.S. Securities and Exchange Commission canceled a Friday open meeting that was expected to address proposed rules for certain crypto offerings, delaying a potential step toward a bespoke framework for digital-asset fundraising. The SEC said the meeting was moved because of an unforeseen scheduling issue. The cancellation came after the Senate departed for its August recess without voting on the Digital Asset Market Clarity Act, a bill designed to create a broader regulatory framework for financial regulators overseeing the crypto industry. SEC Chair Paul Atkins had said on July 27 that the agency was "ready, willing, and able to come out with rules" on digital assets if the Senate did not pass the CLARITY Act.