Banking associations support the decision to repeal the controversial crypto rules issued by the Securities and Exchange Commission

The American Bankers Association, the Banking Policy Institute, the Financial Services Forum, and the Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the congressionally passed resolution to repeal the SEC Staff Accounting Bulletin 121 (SAB). 121). The letter states that SAB 121, was issued without regulation […]