US SEC Plans to Advance Cryptocurrency Issuance Rule Proposal

TechFlow News, August 11, according to Eleanor Terrett, the U.S. Senate has postponed the procedural vote on the "Clarity Act," securing a buffer period until September for the relevant legislative process. Meanwhile, the U.S. Securities and Exchange Commission (SEC) is preparing to advance its own proposal for cryptocurrency issuance rules.

This development indicates that, against the backdrop of a slowing legislative pace in Congress, U.S. regulators may take the lead in advancing regulatory frameworks for crypto asset issuance rules.