๐Breaking news!๐ ๐ฅ
President Biden has just vetoed a resolution that would've overruled the SEC's Staff Accounting Bulletin 121.๐
"We're not playing Monopoly here, folks!" he might as well have said. The crypto community and lawmakers are in a tizzy, having previously voted to repeal the SEC's guidance. ๐ฃ๏ธ
"We're not jeopardizing consumers and investors on my watch!" Biden added, probably while polishing his aviators. Stay tuned as this story develops.๐
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