The U.S. Securities and Exchange Commission (SEC) has postponed the introduction of a new framework for cryptocurrency fundraising. Officially, the delay is attributed to an 'unforeseen scheduling issue.' However, sources suggest that the real reason behind the postponement is a legal threat from the Securities Industry and Financial Markets Association (SIFMA), a major Wall Street trade group. Additionally, the administration is reportedly waiting to see the outcome of the Clarity Act, which is expected to be decided in September. This act could significantly influence the regulatory landscape for cryptocurrencies, including Bitcoin and the Lightning Network.

The SEC's proposed framework was anticipated to provide clearer guidelines for crypto fundraising, which is a critical aspect for Bitcoin-related projects seeking to raise capital. The delay highlights the ongoing tension between regulatory bodies and financial industry stakeholders as they navigate the evolving cryptocurrency market.

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