US House Expected to Uphold Biden’s Veto On SAB 121

Quick Summary:

While there were reports earlier this week that the US House could vote to overturn Biden’s veto on SAS 121 regulatory oversight, there seems to be a 180-degree shift just ahead of the voting day on Wednesday, July 10.

Crypto enthusiasts will be closely watching the voting on Wednesday, to see whether Democrats support what they see as an anti-crypto position.

Nearly 60 members of the House would need to change their votes to go against Biden, a scenario which would be very unlikely.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Biden vs Trump SAB 121 Regulation News Joe Biden President Joe Biden 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 04:26:59 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21561410

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