The U.S. House of Representatives plans to hold a key vote next week to overturn President Biden's veto of Staff Accounting Bulletin 121. The announcement has sparked controversy in the crypto industry, with concerns that it could affect banks' custody of digital assets. It requires companies that custody cryptocurrencies to record cryptocurrencies held by customers as liabilities on their balance sheets. The House of Representatives passed the resolution in May by a vote of 228-182, but a two-thirds majority in both houses is still required to overturn the veto. Political experts have mixed opinions on this vote, believing that it will be difficult to successfully overturn the veto. (TheBlock)