Biden administration indicated it would veto the repeal of SAB 121 rule, which requires custodians to record customer digital assets as liabilities on balance sheets, making it impossible for custodians to hold digital assets

factualpending

Speaker

Tyler

Evidence Quote

“Biden indicated that he would veto that if we were to go through”

Source

What Stops The Runaway U.S Fiscal Trainwreck? | Weekly Roundup— Forward Guidance
Created: 8/12/2026, 6:47:08 PM

My Notes

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