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U.S. Passes Crypto Bill Against SEC Overreach! | Trump Officially Endorses Crypto

U.S. Passes Crypto Bill Against SEC Overreach! | Trump Officially Endorses Crypto
May 10, 2024 · 20m 37s

The United States House of Representatives has voted to pass a bill overturning controversial Securities and Exchange Commission (SEC) guidance preventing banks from owning crypto. The bipartisan bill titled H.J....

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The United States House of Representatives has voted to pass a bill overturning controversial Securities and Exchange Commission (SEC) guidance preventing banks from owning crypto. The bipartisan bill titled H.J. Res 109, overturned the SEC’s Special Accounting Bulletin 121 (SAB 121) requiring banks to hold their customers’ crypto assets on their balance sheets, which is not the case for traditional assets such as securities.  

00:00 Intro
00:43 Maxine Debate Intro
02:02 Why the bill must pass
04:04 FTX Argument
06:06 Brad Sherman Returns
07:26 Tokenized Assets are at stake
08:38 Maxine gives up?
09:33 White House Plot Twist: Biden steps in
11:36 Bill gets passed
12:30 EU Bill passing margins
13:04 Robinhood on SEC Overreach
15:20 Trump champions crypto
17:40 The Real Crypto Villain... Apple
19:55 Outro

#Crypto #bitcoin #
~U.S. Passes Crypto Bill Against SEC Overreach!🚨Trump Officially Endorses Crypto🔥~
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