The deadline for Biden to make a final decision on the resolution to repeal SAB 121 has been extended to June 3
2024-05-24 01:44:31
Cody Carbone, chief policy officer at The Digital Chamber, said on the X platform: "Update on the SAB 121 [crypto accounting policy] process: We received confirmation that the US Congress did not send H.J. Res 109 to Biden until last night to repeal SAB 121. This changes the 10-day deadline. The President of the United States currently has a window of time until June 3 to decide whether to exercise veto power on this resolution (10 days except Sunday)."
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