US Senator Cynthia Lummis, who supports the cryptocurrency industry, said that President Biden's decision to veto the controversial cryptocurrency accounting standard SAB 121 missed the opportunity to "correct" his position on cryptocurrency assets. Lummis stated on X platform that Congress gave the government the opportunity to correct its position on cryptocurrency assets. I will not stand idly by because the government is trying to circumvent the law. I will continue to work to promote financial innovation and provide crucial protection for cryptocurrency assets that this administration seems determined to stifle.
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U.S. Senator Cynthia Lummis: Biden missed an opportunity to "correct" his stance on the crypto industry
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JUP breaks through $1
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76% of 80 family offices and high net worth individuals in Asia are involved in digital assets, and another 18% plan to invest in the future
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Bank of America CEO sounds the alarm: The U.S. economy may lose its special status due to debt problems
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The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
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