Browsing: veto
The U.S. House will vote on a resolution to overturn President Joe Biden’s veto on a bill that had struck…
While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both…
President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress…
Wall Street Asks Biden Not to Veto Congress’ Rejection of SEC’s SAB 121 Crypto Policy
“SAB 121 effectively precludes regulated banking organizations from offering digital asset custody at scale since it treats the assets as…
The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC. Source link
U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat
“SAB 121 is non-binding staff guidance that, if followed, enhances important disclosure to investors in firms that safeguard crypto assets…
Lawmakers, crypto heavyweights and banking executives argue that a SEC policy on crypto custody and accounting harms U.S. investors and…