House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto

The U.S. House of Representatives has passed H.J. Res. 109, a solution aimed astatine overturning the Securities and Exchange Commission’s SAB 121 regulations connected integer assets. The solution seeks to trim regulatory burdens and beforehand safer custodianship of integer assets by regulated banks. However, the White House has backed the SEC, issuing a veto threat, […]