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Coin Edition 2024-08-16 14:20:00

Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule

The Senate recently passed H.J.Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. This resolution, approved by a 60-38 vote, seeks to lift restrictions that prevent financial institutions from serving as custodians for cryptocurrencies. The bipartisan support underscores the growing momentum to reshape digital asset regulations. The House of Representatives The post Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule appeared first on Coin Edition .

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