House Votes to Erase SEC Crypto Policy While President Biden Vows Veto

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The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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