The post Crypto News Today: House Set to Challenge Biden’s Veto on SAB 121 appeared first on Coinpedia Fintech News
Get ready for a major crypto shakeup! The U.S. House of Representatives is poised to vote next week on whether to overturn President Biden’s veto of Staff Accounting Bulletin 121 (SAB 121). This proposed rule mandates that companies reporting to the SEC must list their cryptocurrency holdings on their balance sheets, following a schedule set …