Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules

Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules

The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory […]