CoinGape
2024-06-01 03:30:54

President Biden Uses Veto to Keep SAB 121 Intact, Protects SEC’s Crypto Outreach

Despite the lawmakers requesting President Joe Biden to revoke the controversial Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121), the President has decided to veto the bill. What’s the SAB 121 Repeal for Crypto? Last month in May, both the House and Senate voted to repeal the SEC’s staff accounting bulletin, known The post President Biden Uses Veto to Keep SAB 121 Intact, Protects SEC’s Crypto Outreach appeared first on CoinGape .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.