{"id":"tp-11749","type":"article-newspaper","title":"House Overturns SEC Crypto Ban, Biden Threatens Veto Amid Regulatory Clash","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11749","datePublished":"2024-05-09T09:52:22.000Z","dateModified":"2024-05-09T09:52:22.000Z","language":"en","abstract":"In a significant bipartisan move, the U.S. House of Representatives voted to overturn the SEC's Special Accounting Bulletin (SAB 121), which had barred banks from holding cryptocurrency assets. The resolution, facing …","section":"Business","references":[{"title":"Cointelegraph","url":"https://cointelegraph.com/news/house-votes-nullify-sec-guidance-sab121-crypto-custody?fbclid=IwZXh0bgNhZW0CMTAAAR16qIaTMHQEG8nxVULHt86bQ6hGwuNE4iGKWrVREgLTrcIcwx3iW1OQyrc_aem_AcO631xYO1bT2JJPKL_X98tSpitmFKusuom5Dm_DkKBOQ47Y1PzDoY52mRCKhCTdzaiajEC7dQZrlTC6lA6Zi-Ys"},{"title":"H.J. Res 109","url":"https://www.govinfo.gov/content/pkg/BILLS-118hjres109rh/pdf/BILLS-118hjres109rh.pdf"},{"title":"SAB 121","url":"https://cointelegraph.com/news/congress-challenges-sec-crypto-custody-rule-repeal"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/house-overturns-sec-crypto-ban2c-threatens-veto-ami/1-663c4d6206f8407aa583a36e87943013?id=QrPss%2fy5%2bXufU9iRhFHqbg%3d%3d&view=detailv2&idpp=genimg&thId=OIG2.qaIRWZyelZdp_NUrDGwQ&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}