Thursday, May 9, 2024

Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?

Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”

source https://www.coindesk.com/opinion/2024/05/09/will-biden-get-the-final-say-over-a-controversial-crypto-accounting-rule/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Senator and Ex-Bridgewater CEO McCormick Invests More in Bitcoin as Bill in Works

U.S. Senator Dave McCormick, the former chief executive of massive hedge fund Bridgewater Associates, is putting his own cash into bitcoin (...