While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto. Source link
United States President Joe Biden said he vetoed the resolution because “he will not support measures that jeopardize the well-being of consumers and investors.” Source link
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets. Source link