SEC Chair Gary Gensler's SAB 121 Policy Awaits Critical Decision This Week

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SEC Chair Gary Gensler's SAB 121 Policy Awaits Critical Decision This Week

In a pivotal turn of events, the fate of the Security and Exchange Commission’s Staff Accounting Bill (SAB) 121 hangs in the balance. Currently, the House of Representatives is gearing up for a decisive vote on May 9, 2024. The proposed repeal, led by Representative Mike Flood, is poised to shake the foundation of digital asset regulation. The House To Decide On Repeal Of Gary Gensler’s SAB 121 Rep. Flood is fervently advocating for the passage …