Attention crypto enthusiasts! 🚀

More than 40 Republicans in the US have called on the SEC to rescind the controversial SAB 121 rule. This rule affects cryptocurrency custody, weakening consumer protection and stifling financial innovation.

🔹 SAB 121 requires entities to record crypto assets as liabilities.

🔹 It was issued without consulting prudent regulators.

🔹 It could put consumers at risk.

What do you think? Should the SEC rescind SAB 121? Leave us your comment!