Bipartisan Lawmakers Seek to Repeal SEC Crypto Accounting Policy

A bipartisan group of U.S. lawmakers are looking to overturn a Securities and Exchange Commission (SEC) accounting standard that places restrictions on crypto custodians. Sen. Cynthia Lummis (R-WY) and Reps. Wiley Nickel (D-NC) and Mike Flood (R-NB) introduced a joint resolution in the Senate and…

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