SEC Chair Gary Gensler's SAB 121 Policy Awaits Critical Decision This Week

In a pivotal turn of events, the fate of the Security and Exchange Commission’s Staff Accounting Bill (SAB) 121 hangs in the balance. Currently, the House of Representatives is gearing up for a decisive vote on May 9, 2024. The proposed repeal, led by Representative Mike Flood, is poised to shake the foundation of digital asset regulation.