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Nullification Cryptoassets

Orrick, Herrington & Sutcliffe LLP

President Biden vetoes SEC crypto-asset rule nullification resolution

On May 31, President Biden vetoed H.J.Res. 109 subsequently returning the bill to Congress. This resolution, as previously covered by InfoBytes, was passed by the U.S. House of Representatives on May 8 to nullify an SEC Staff...more

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