By Bitcoinist - 3 mwa de sa - Lekti Tan: 3 minit
Kongrè Ameriken an sou pou leve Major Bitcoin Baryè Adopsyon Enstitisyonèl
North Carolina Representative Wiley Nickel, joined by Senator Cynthia Lummis and Representative Mike Flood, has put forth a Congressional Review Act (CRA) resolution that could be of critical importance to the US Bitcoin and crypto industry. This significant legislative effort aims to overturn the Securities and Exchange Commission’s (SEC) directive requiring banks to include customer cryptocurrency assets on their balance sheets, potentially clearing a major hurdle for the institutional adoption of Bitcoin ak lòt byen dijital.
The CRA resolution targets the SEC’s Staff Accounting Bulletin (SAB) 121, issued in March 2022. This controversial bulletin demanded that financial institutions reflect an equivalent liability on their balance sheets for each digital asset held. The digital asset sector widely criticized this requirement for its potential to undermine the operational viability of digital asset custodians.
In late October 2023, the Government Accountability Office (GAO) determined that SAB 121 was required to undergo Congressional review. Following this decision, legislators in both the House and the Senate have initiated formal actions to overturn the rule.
SAB 121 Is Crucial For Institutional Bitcoin Adopsyon
Perianne Boring, PDG Chanm Komès Dijital la, fòtman kòmante on the issue, emphasizing the importance of this legislative move: “AB 121 has been one of the biggest impediments to institutional adoption of Bitcoin and cryptocurrency. We’re breaking down this barrier to make digital assets more accessible to Americans.”
Nan yon complète deklarasyon, the Chamber of Digital Commerce applauded the bipartisan initiative of Senator Lummis, Representative Flood, and Representative Nickel. “Today’s bipartisan resolution represents a decisive action to ensure the SEC operates within its designated rulemaking authority,” the statement read. It further criticized the SEC for bypassing established procedures with SAB 121, thereby “compromising the integrity of the regulatory framework and violating principles of transparent and inclusive governance.”
SAB 121 SEC a te yon pwen diskisyon nan kominote avantaj dijital la. Alliance Token Chanm Komès Dijital la te pi devan nan defye règ sa a, defann anilasyon li yo ak angaje ak divès kò gouvènmantal, ki gen ladan GAO a. Nan deklarasyon yo, Chanm lan te mete aksan sou efò vaste yo: "Travay la te soumèt uit lèt bay Kongrè a konsènan zafè gad dijital byen, angaje ak Biwo Kontab an Chèf SEC a, epi li te mande GAO a revize règ la."
Inisyativ la gen sipò de patizan
Lè repibliken ameriken Mike Flood ap reflechi sou enpòtans rezolisyon sa a te remake: “SAB 121 Prezidan Gary Gensler a nòmalman anpeche bank yo sèvi kòm gadyen byen dijital yo. Jodi a, Depite Wiley Nickel, Senatè Lummis, ak mwen prezante rezolisyon pou anile bilten terib SEC a. Jou SAB 121 yo konte – li lè pou li ale!”
Patrick McHenry, prezidan Sèvis Finansye GOP, tou pataje his view, emphasizing the bipartisan nature of the opposition to SAB 121: “There is bipartisan agreement SAB 121 undermines consumer protection and leaves customers’ digital assets vulnerable. I look forward to getting this measure across the finish line to overturn it. Thanks to Mike Flood, Wiley Nickel, and Senatè Lummis for your leadership.”
The introduction of the CRA resolution marks a significant moment in the evolving relationship between digital asset markets and regulatory frameworks in the United States. The outcome of this legislative effort has the potential to greatly influence the institutional adoption of Bitcoin ak lòt cryptocurrencies.
Nan laprès tan, Bitcoin te fè kòmès nan $ 43,024.
Sous orijinal: Bitcoinse