📣 News flash! The US House of Representatives might vote next week on President Biden's veto of SAB 121, a rule requiring SEC-reporting entities to record crypto holdings on balance sheets. Critics say it could hinder banks from custodying crypto exchange-traded products at scale, leading to a "concentration risk". Overturning the veto requires a two-thirds majority vote, a tough task given the previous voting percentages. Meanwhile, both Biden and Trump are paying more attention to digital assets, a "good development" for the industry. Stay tuned for the crypto rollercoaster ride! 🎢