Biden Vetoes SAB 121 Repeal – Crypto Industry in Disarray!
Washington, D.C. – President Joe Biden recently made the decision to veto Senate Bill 121, stating that he believes the standard imposed by the bill is essential for fostering innovation in the cryptocurrency space. The bill sought to overturn guidance set by the Securities and Exchange Commission (SEC) regarding digital assets. The move by President Biden has sparked a debate among lawmakers and stakeholders in the crypto industry. Those in favor of the veto argue …