Odaily Planet Daily reports: Securitize President Brett Redfearn said the U.S. Securities and Exchange Commission (SEC) withdrew its crypto innovation exemption rule last Friday due to concerns over the CLARITY Act vote. Redfearn expects the rule to be relaunched after the Senate’s September 15 vote, possibly in early October.
SEC Withdraws Crypto Innovation Exemption Rule Amid CLARITY Act Vote Concerns
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Summary
Last Friday, SEC news emerged as the U.S. Securities and Exchange Commission withdrew the crypto innovation exemption rule, citing concerns over the CLARITY Act vote. Securitize President Brett Redfearn said the rule may be reinstated after the Senate vote on September 15, likely in early October. This move impacts blockchain innovation efforts within the U.S. regulatory landscape.
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