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Home»ETHEREUM NEWS»What does the SAB 121 vote mean for future cryptocurrency legislation?
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What does the SAB 121 vote mean for future cryptocurrency legislation?

By Crypto FlexsMay 18, 20241 Min Read
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What does the SAB 121 vote mean for future cryptocurrency legislation?
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Unfortunately, the legislation is now heading to the desk of President Joseph Biden, who has vowed to veto it to show solidarity with the SEC. A number of prominent Democrats, including New York Sen. Chuck Schumer, voted in favor of overturning the circular, but the Senate’s 60-38 vote on Thursday did not cross the threshold to override a presidential veto.

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