The SEC was supposed to vote today on Regulation Crypto, the first crypto rulemaking of its kind. The night before, the meeting was canceled. No new date. The CLARITY Act is still stalled in the Senate, and crypto regulation in the United States just lost its only moving piece. Dana Love, PhD breaks down who blocked it, why the White House went along, and what the calendar says about the crypto news you'll be reading in September.
Dana Love, PhD breaks down the blame management going on in Congress and the moat protection going on in banking, and shows why those two things pointed at the same outcome. He walks through Senator Bernie Moreno's claim that there is absolutely nothing left to iron out, Eleanor Terrett's reporting on Section 10505 and the tokenization provision, SIFMA's procedural objections, and why broker-dealers and investment banks have every reason to delay a rule that would let retail token buyers deal with crypto projects directly. He connects it to Regulation Crowdfunding under the JOBS Act, where the same lobby turned a retail funding law into something nobody uses, and gives his odds on CLARITY passing the Senate in September along with three falsifiers he will come back and answer for.
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CHAPTERS
00:00 The SEC Was Ready to Act. The White House Got Cold Feet.
03:17 Why I'm So Mad About This
06:54 Protect The Nest, or How Lobbying Undoes Everything, Eventually
08:46 The Delays, The Calendar, And Our Dying Hope for CLARITY
11:44 My Take
SOURCES
SEC Sunshine Act Notice, Open Meeting August 14, 2026:
https://www.sec.gov/newsroom/meetings-events/sunshine-act-notice-open-081426
SEC Open Meeting page, showing the meeting as canceled:
https://www.sec.gov/newsroom/meetings-events/open-meeting-081426
Federal Register, Sunshine Act Meetings, published August 13, 2026:
https://www.federalregister.gov/documents/2026/08/13/2026-16519/sunshine-act-meetings
Reginfo.gov, SEC Crypto Assets proposed rule, RIN 3235-AN38, still pending review:
https://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202604&RIN=3235-AN38
Paul Atkins, "Regulation Crypto Assets: A Token Safe Harbor," March 17, 2026:
https://www.sec.gov/newsroom/speeches-statements/atkins-remarks-regulation-crypto-assets-031726
Paul Atkins, full interview, CNBC Squawk on the Street, July 27, 2026:
https://www.cnbc.com/video/2026/07/27/watch-cnbcas-full-interview-with-sec-chairman-paul-atkins.html
Paul Atkins, segment cut, CNBC Squawk on the Street, July 27, 2026:
https://www.cnbc.com/video/2026/07/27/sec-chairman-paul-atkins-public-markets-should-grow-in-size-and-breadth.html
Eleanor Terrett, Crypto in America:
https://www.cryptoinamerica.com
Senator Bernie Moreno on X:
https://x.com/berniemoreno
SEC Regulation Crowdfunding, adopting release, October 30, 2015:
https://www.sec.gov/rules-regulations/2015/10/crowdfunding
SEC Regulation Crowdfunding, small business exempt offerings page:
https://www.sec.gov/education/smallbusiness/exemptofferings/regcrowdfunding
CFTC Innovation Advisory Committee, inaugural meeting August 20, 2026:
https://www.cftc.gov/PressRoom/Events 
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