US Lawmakers Urge SEC To Repeal the Disastrous SAB 121 Bill

Bipartisan members of Congress have called on the U.S. Securities and Exchange Commission (SEC) to revoke the controversial Staff Accounting Bulletin 121 (SAB 121). In a letter led by House Financial Services Committee Chair Patrick McHenry and Senator Cynthia Lummis, lawmakers argued that the bulletin weakens crypto custody rules, potentially harming consumer protection and stifling The post US Lawmakers Urge SEC To Repeal the Disastrous SAB 121 Bill appeared first on Coin Edition .

Source: Coin Edition