US President Biden Vetoes SAB 121 Repeal, Upholding SECโ€™s Crypto Outreach

US President Biden Vetoes SAB 121 Repeal, Upholding SECโ€™s Crypto Outreach

Highlights: President Biden vetoed a bill to overturn the SEC’s SAB 121, emphasizing consumer and investor protection. SAB 121 mandates financial institutions to record crypto assets as liabilities, facing opposition but defended by the SEC. Overturning the veto requires a […]

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