Category: Undercut

US President Joe Biden has vetoed a bill aimed at repealing the Securities and Exchange Commission (SEC) circular that sets accounting standards for companies holding cryptocurrencies. In official letter “This reversal of the thoughtful judgment of SEC staff in this way threatens to undermine the SEC’s broader authorities over accounting…

US President Joe Biden has vetoed a bill aimed at repealing the Securities and Exchange Commission (SEC) circular that sets accounting standards for companies holding cryptocurrencies. In official letter “This reversal of the thoughtful judgment of SEC staff in this way threatens to undermine the SEC’s broader authorities over accounting…