SEC Delays Proposed Regulation Disclosure to Consider Crypto Market

IconCryptoNewsTerminal Staff13 Sep, 2024

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SEC Delays Proposed Regulation Disclosure to Consider Crypto Market

The Securities and Exchange Commission (SEC) has proposed a delay in the publication of new regulations designed to protect investors in the cryptocurrency market. The delay is intended to give the SEC more time to consider the potential impact of the regulations on the industry and investors. The proposed delay has been met with mixed reactions from the cryptocurrency community. Some members of the community have argued that the delay will give the cryptocurrency industry more time to engage in fraudulent activities. Others have argued that the delay is necessary to ensure that the regulations are well-crafted and do not stifle innovation in the cryptocurrency market. The SEC is expected to vote on the proposed delay in the coming weeks. If the delay is approved, it will give the SEC additional time to consider the impact of the regulations on the cryptocurrency market before they are finalized.