🚀Crypto world and Wall Street unite! They're urging President Biden to reconsider his plan to veto Congress' move to scrap a controversial SEC crypto policy.🤝

SAB 121, the policy in question, demands banks treat digital assets differently, requiring them to be kept on a bank's balance sheet. Crypto companies and bankers argue this could hinder their business operations.🏦💼

In a rare show of unity, Wall Street banks, crypto companies and even members of Congress have penned letters to Biden, asking him to reverse his decision or at least work with the SEC to rescind the policy.📝

Biden's veto threat stems from concerns that erasing the rule could limit the SEC's ability to ensure appropriate safeguards for crypto-assets in the future.⚖️🔒

The clock is ticking, with Biden having until Monday to make a final decision. What do you think he'll do? Let's discuss below!⏰👇 #CryptoNews #SECPolicy