Joe Biden has vetoed bill aimed at overturning SEC crypto accounting standards
Biden vetoes bill targeting SEC crypto rules, citing concerns over regulatory authority. Crypto industry criticizes Biden’s decision, calls it setback for innovation and financial freedom. The veto raises questions about…
Hester Peirce criticizes SEC’s warning to accounting firms working with crypto
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief Accountant at SEC, cautioned that crypto platforms are likely to…