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U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy

Even if the agency is forced by the GAO finding to submit its Staff Accounting Bulletin 121 to Congress for review, lawmakers probably won't strangle the policy, according to experts.

By Jesse Hamilton|Edited by Daniel Kuhn

Updated Nov 2, 2023, 3:22 p.m. Published Nov 2, 2023, 3:21 p.m.

Chair Gary Gensler's U.S. Securities and Exchange Commission may press on with its crypto accounting policy if Congress fails to block it. (Jesse Hamilton/CoinDesk)