💥Biden vetoes bill to repeal SAB 121 💥#新聞觀點

The SAB 121 bill caused instant price fluctuations in cryptocurrencies.

SAB 121 requires digital asset custodians to

Treat the digital assets it holds as liabilities (equal to the custodian bank's books will be even more ugly)

And calculated at fair value, which many people think is unreasonable.

(The fair value of Bitcoin is about 40,000, which is very different from the actual price)

Although Biden emphasizes consumer protection,

However, the cryptocurrency industry has criticized this.

It is believed that this accounting standard not only increases the burden, but may also affect market development.

Do you think such a policy can really help stabilize the market?

Has Biden, who made this decision, given up on voting in the crypto market?

6884027304#News#熱門話題