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CoinGape 2024-07-05 22:10:37

House Gears Up for Crucial Vote on Biden’s Veto of SAB 121 Crypto Rule

The U.S. House will vote next week to overturn President Joe Biden’s veto of Staff Accounting Bulletin 121, also known as SAB 121. The bulletin has stirred controversy in the crypto industry. It mandates that firms custodying crypto record customer holdings as liabilities. House Majority Leader Steve Scalise indicated the vote might occur on Tuesday The post House Gears Up for Crucial Vote on Biden’s Veto of SAB 121 Crypto Rule appeared first on CoinGape .

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