• joekar1990@lemmy.world
    link
    fedilink
    English
    arrow-up
    25
    ·
    5 months ago

    The resolution would have repealed the Securities and Exchange Commission’s Staff Accounting Bulletin 121, which sought to force financial institutions that are holding crypto to keep the digital assets on their own balance sheets, as Coindesk recently explained.

    Can someone explain why they are so upset at this?