President Biden Vetoes Bill That Would Have Eliminated Controversial SEC Crypto Policy

President Biden has followed through on a promise to veto SEC-related crypto legislation that recently passed the House and Senate. The bill would have reversed guidance from the SEC that says certain companies should label crypto assets as liabilities on their balance sheet, even if they are simply holding the assets on behalf of customers. […] source: https://dailyhodl.com/2024/05/31/president-biden-vetoes-bill-that-would-have-eliminated-controversial-sec-crypto-policy/