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Bitcoin Bitcoin Share: 49.84%
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Bitcoin World
2024-06-02 21:29:19

Bipartisan Lawmakers Press Biden To Overturn SAB 121 Veto To Allow Regulated Financial Firms To Hold Crypto

Bipartisan Lawmakers Press Biden To Overturn SAB 121 Veto To Allow Regulated Financial Firms To Hold Crypto

Lawmakers want President Biden to overturn the Staff Accounting Bulletin (SAB) 121 he vetoed to allow regulated financial firms to hold crypto. House Financial Services Committee Chairman Patrick McHenry (R-NC) and Senator Cynthia Lummis (R-WY) led a letter urging President Joe Biden to reconsider vetoing the bipartisan Congressional Review Act (CRA) resolution overturning Securities and

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