House Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path
The Security and Exchange Commission’s accounting bulletin 121 (SAB 121) requires companies, including banks, to hold crypto assets for clients ...
Tag: Overturn
US House May Vote This Week To Overturn President Biden’s Veto on Crypto-Related Bill SAB 121
The US House of Representatives could be voting this week to overturn President Joe Biden’s veto of a bill that ...
US House may vote to overturn Biden's SAB 121 veto next week
While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both ...
US banking lobby last-minute bid to stop Biden vetoing SAB 121 overturn
The American Bankers Association claims that United States President Joe Biden's move will "harm investors, customers, and ultimately the financial ...
Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly ...