Wall Street Pushback Halts SEC's Crypto Fundraising Framework, Sources Say

Read original at Decrypt·

Wall Street Pushback Halts SEC's Crypto Fundraising Framework, Sources Say

60-second summary

The securities regulator cited an "unforeseen scheduling issue," but sources point to a legal threat from Wall Street trade group SIFMA and an administration waiting to see whether the Clarity Act passes in September.

The securities regulator cited an "unforeseen scheduling issue," but sources point to a legal threat from Wall Street trade group SIFMA and an administration waiting to see whether the Clarity Act passes in September.