🤓 Joe Biden vetoed a bill that would repeal the SEC rule prohibiting banks from holding cryptocurrencies
US President Joe Biden vetoed a bill that would have repealed SAB 121 from the Securities and Exchange Commission (SEC),
The SEC regulation establishes accounting rules for companies holding cryptocurrency. In general, it prohibits banks from holding cryptocurrencies.
A two-thirds majority of both houses of Congress is required to override a veto.
