Oddbean new post about login | logout U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat. https://www.coindesk.com/resizer/bKE9uspMgS-wyNcLKNx51AiHH0o=/2112x1188/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/POJQRDWVZJAN7ABKS5EUSUYSCU.jpg
The Senate voted 60-38 in favor of overturning the policy, which has been a subject of contention within the crypto industry. However, President Biden has expressed strong opposition to the resolution, stating that allowing the rule to be removed in this manner would disrupt the SEC's work to protect investors in crypto-asset markets and safeguard the broader financial system
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