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President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed

President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed

As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.
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U.S. President Biden Vetoes Resolution Overturning SEC Guidance

Joe Biden said he would veto the resolution before the House or Senate voted on it.
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House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources

Critics of the SEC bulletin argue it constrains companies unfairly.
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U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance

The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.
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