The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor of HJ Res. 109, a resolution to overturn the bulletin, while 38 Senators voted against it. The results show bipartisan support for reversing the SEC rule. Of the 60 Senators […]
The post US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto appeared first on CryptoSlate.
Originally appeared here:
US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto