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📣Crypto News Flash: Republican Senator Cynthia Lummis has penned a plea to President Biden, urging him not to veto the repeal of the contentious SEC's Staff Accounting Bulletin-121 (SAB-121). The crypto-friendly senator has criticized the SEC's "improper" issuance of the guidance, bypassing a full commission vote. The House and Senate have already voted to repeal SAB-121, but Biden's veto threat has the crypto community on tenterhooks. However, a recent shift in the White House's stance towards crypto, asking for industry input on future policy, might just save the day. Stay tuned for the June 3 deadline! 🕰️

📣Crypto News Flash: Republican Senator Cynthia Lummis has penned a plea to President Biden, urging him not to veto the repeal of the contentious SEC's Staff Accounting Bulletin-121 (SAB-121). The crypto-friendly senator has criticized the SEC's "improper" issuance of the guidance, bypassing a full commission vote. The House and Senate have already voted to repeal SAB-121, but Biden's veto threat has the crypto community on tenterhooks. However, a recent shift in the White House's stance towards crypto, asking for industry input on future policy, might just save the day. Stay tuned for the June 3 deadline! 🕰️

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