Scheduling confusion slows SEC crypto rule

1 min read
Source: Semafor
Scheduling confusion slows SEC crypto rule
Photo: Semafor
TL;DR

The SEC postponed releasing a regulatory framework for digital assets after White House concerns that a separate rule could bog down crypto legislation, triggering confusion about which rule to advance and canceling a planned Friday vote; only the framework was set for approval, while the innovation exemption remained under review. A high-profile crypto industry meeting was planned with major firms, but CME Group was notably absent amid a CFTC dispute.

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