• joekar1990@lemmy.world
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    7 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    The resolution would have repealed the Securities and Exchange Commission’s Staff Accounting Bulletin 121, which sought to force financial institutions that are holding crypto to keep the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?

  • akaikem
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    7 months ago

    Anything that makes cryptobros seethe is alright in my book.

    • jeffw@lemmy.worldOP
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      7 months ago

      Can’t believe I never thought of that. I’ll bet people start misusing the term soon and maybe it’ll take on a new meaning

  • rodneylives@lemmy.world
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    7 months ago

    Molly White’s been covering the lobbying of the crypto industry recently on her podcast/blog Citation Needed.