United

Coin

<ul class="news-points wp-block-list" "wp-block-list"> 
 <li>Florida Congressman Darren Soto is working with the Blockchain Caucus.&nbsp;</li> 
 <li>Soto wants Kamala Harris to recognize the importance of digital assets.</li> 
 <li>Soto also seeks to pursue Harris to overturn SEC’s SAB 121.</li> 
</ul> 
Attorney and Southern Democrat Darren Soto, who is also the US Representative for Florida’s 9th district, aims to put crypto regulation on the agenda of the current Vice President and Presidential candidate Kamala Harris in collaboration with his colleagues at the Blockchain Caucus. 
As pointed out by Fox Business journalist Eleanor Terrett in a <a href="https://x.com/EleanorTerrett/status/1823891910765040091" target="_blank" rel="nofollow">post</a> on X, the Blockchain Caucus and Soto are working to persuade Harris to focus on crypto and implement three major reforms for the betterment of the digital asset space in the United States.&nbsp; 
The first concern that Soto wants the Harris administration to focus on is overturning the US Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (or SAB 121), which requires publicly traded financial institutions to hold digital assets on their own balance.&nbsp; 
The SAB 121 contradicts a basic rule of bank custody, said Mike Flood, the US representative for Nebraska’s 1st congressional district, the…
The post <a href="https://coinedition.com/members-of-blockchain-caucus-ask-kamala-harris-to-focus-on-crypto/">Members of Blockchain Caucus Ask Kamala Harris to Focus on Crypto</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Members of Blockchain Caucus Ask Kamala Harris to Focus on Crypto

Coin Edition

Other articles published on Aug 15, 2024

Bitcoin Prediction: Arthur Hayes Projects $100K in 2024, $1M in 2025

Chainlink Data Streams and VRF Launch on Base, Boosting DeFi and dApp Capabilities

Experts Analyze XRP Market Reactions

Nasdaq and BlackRock Propose Options for Spot Ethereum ETF: SEC Decision Expected by April 2025

MoonBag One of the Top Meme Coin Presales Amidst DAI’s High Demand and Near Protocol’s Fast Trans...

Vitalik Buterin donated $532k in ‘animal coins’ to charity

Join our free newsletter for daily crypto updates!