📢 Important news from the world of cryptocurrency and blockchain! 📢
- A group of more than 40 US congressmen has called on the SEC to repeal the controversial SAB 121 rule concerning banks working with cryptocurrencies.
- SAB 121 requires banks to reflect cryptocurrency as liabilities on their balance sheets, which has drawn criticism for complicating work with digital assets.
- Letters have been sent to the heads of the SEC, Fed, FDIC and OCC, emphasizing the need for interagency cooperation.
- Experts believe that the repeal of SAB 121 could stimulate the development of the crypto industry in the US.
💬 Share your opinion in the comments! How do you think this will affect the future of cryptocurrencies in the US?