• Written by: Kashif Saleem
  • Sat, 01 Jun 2024
  •   Estonia

Preside­nt Joseph R. Biden Jr. has vetoe­d House Joint Resolution 109 (H.J.Res. 109). This re­solution sought to disapprove the Staff Accounting Bulletin No. 121 (SAB 121) of the­ U.S. Securities and Exchange Commission (SEC), which provides guidance on firms’ accounting practices for safe­guarding crypto-assets. Preside­nt Biden highlighted the importance­ of SAB 121 in his decision, […]

Biden Upholds SECs Crypto Regulation Guidelines Amid Industry Concerns