2024

Rule

Coin

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 <li><strong>The Senate passed H.J.Res. 109 to remove restrictions on financial firms’ custody of cryptocurrencies, with bipartisan support.</strong></li> 
 <li><strong>House Republicans and Democrats have shown strong support for digital asset legislation, highlighting its critical importance.</strong></li> 
 <li><strong>Pennsylvania’s 2024 Senate race between Bob Casey and Dave McCormick is shaping up to be highly competitive and closely watched.</strong></li> 
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   <p lang="en" dir="ltr">The Senate must urgently act on digital asset legislation.<br><br>The future of the U.S.’s role as a hub for capital deployment, as well as technological innovation and adoption, is on the line. <a href="https://t.co/8GozttqmlM" target="_blank" rel="nofollow">https://t.co/8GozttqmlM</a></p>— Financial Services GOP (@FinancialCmte) <a href="https://twitter.com/FinancialCmte/status/1824085864567222447?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 15, 2024</a>
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<p>The Senate recently passed <a href="https://www.congress.gov/bill/118th-congress/house-joint-resolution/109" target="_blank" rel="nofollow">H.J.Res. 109</a>, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. This resolution, approved by a 60-38 vote, seeks to lift restrictions that prevent financial institutions from serving as custodians for cryptocurrencies. The bipartisan support underscores the growing momentum to reshape digital asset regulations.</p> 
<p>The House of Representatives had already passed H.J.Res. 109 the previous week. The resolution tackles the stringent limitations imposed by SAB 121, which…</p>
<p>The post <a href="https://coinedition.com/senate-urged-by-house-gop-to-overturn-secs-anti-crypto-rule/">Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule

Coin Edition

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