🐋 WHALE WATCH : The SEC is taking action regarding cryptocurrencies.

The SEC has scheduled a meeting for Friday, August 14 at 10:00 a.m. (Eastern Time) to consider a new regulatory framework for certain cryptocurrency investment contracts.

Cryptocurrency regulation has taken an unexpected turn; the U.S. Congress failed to pass the CLARITY Act before the August recess.

Now, the SEC is presenting a potential path for the regulation of certain digital asset offerings.

This represents a very positive sign for cryptocurrencies.