Crypto News Today: SEC Delay Shakes the Market While Smart Wallets Rush One Presale

The biggest crypto news this week landed when the SEC canceled its August 14 vote on rules that would have let crypto startups raise capital without full securities registration. That delay adds uncertainty at a time when the market is already trading near monthly lows, and BITCOIN sits below $64,000 after the post CPI rally failed to hold.

While the crypto news cycle weighs regulatory delays and falling prices, more than $10.6 million has stacked into one presale from entries that landed before the expected Binance listing opens and the pricing changes forever.

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SEC Cancels Regulation Crypto Vote Adding Uncertainty to Market

The SEC abruptly canceled its Friday meeting to vote on Regulation Crypto, a proposed rule that would have created new fundraising paths for crypto startups, according to Reuters. The crypto news hit after lawmakers left Washington for a five week recess without voting on the CLARITY Act.

pushing that debate to September 15 at the earliest and leaving every token project in the country waiting for rules that neither branch of government can deliver right now. BITCOIN trades near $63,000 while ETHEREUM holds at $1,881, and the total crypto market cap sits near $2.29 trillion with BITCOIN dominance above 56 percent, as reported by CoinDesk.