“This is a fairly extreme case of a regulator wanting to have its cake and eat it too,” Dave Rodman, founder and managing partner at Rodman Law Group, told CoinDesk. “After all, the SEC deemed Coinbase sound enough to list on a US stock exchange, and it appears that it is backpedaling.”
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...