📣 The US is preparing to vote on whether to override President Biden's veto of a bill that overrode SEC regulatory guidance (SAB 121) on cryptocurrency assets. 🏦 SAB 121 requires banks that hold cryptocurrency to account for these assets as liabilities on their balance sheets.

🗳️ A new vote is scheduled for Wednesday, July 10th. Overriding a veto would require a two-thirds vote in both chambers, meaning about 60 additional votes would be needed.

🤔 Could this happen on Wednesday? The crypto industry will certainly be keeping an eye on this development. Your thoughts? Leave your comment below!