Tag: CRA resolution

  • Biden vetoes CRA resolution aimed at blocking SEC crypto asset guidance

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    President Joe Biden (D) on May 31 vetoed a Congressional Review Act (CRA) resolution that aimed to nullify Securities and Exchange Commission (SEC) guidance establishing accounting standards for financial firms with crypto assets. The resolution previously passed the House of Representatives 228-182 on May 8 and the Senate 60-38 on May 16. The SEC published…