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CoinGape 2023-11-16 14:40:51

US Congress Unites to Challenge SEC’s Crypto Asset Rule SAB 121

In a concerted effort, members from both sides of the United States Congress have rallied against the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121). This rare bipartisan agreement focuses on the bulletin, which mandates banks to include customers’ crypto assets on their balance sheets. Representatives, including Senators Cynthia Lummis and Kirsten The post US Congress Unites to Challenge SEC’s Crypto Asset Rule SAB 121 appeared first on CoinGape .

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