TREE NEWS update: The SEC has paused its crypto fundraising framework, citing an ‘unforeseen scheduling issue,’ but sources attribute the halt to legal pressure from Wall Street trade group SIFMA and the administration waiting on the Clarity Act’s fate in September. This delay reflects ongoing regulatory uncertainty for crypto fundraising.
SEC Halts Crypto Fundraising Framework Amid Wall Street Pushback
The pause matters less for its stated reason than for what it reveals: the SEC's crypto fundraising framework is now entangled with both trade-group litigation and pending legislation, meaning its fate may be decided outside the agency. Firms that had been structuring offerings around the framework face renewed uncertainty about which rules apply. The open question is whether the Clarity Act's September outcome, or SIFMA's legal pressure, ends up setting the terms first.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.