Ethereum

What does the SAB 121 vote mean for future cryptocurrency legislation?

Unfortunately, the legislation is now heading to the desk of President Joseph Biden, who has vowed to veto it to show solidarity with the SEC. A number of prominent Democrats, including New York Sen. Chuck Schumer, voted in favor of overturning the circular, but the Senate’s 60-38 vote on Thursday did not cross the threshold to override a presidential veto.

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