The result of the turmoil was a 37% decline in bitcoin (BTC) during June 2022 from almost $32,000 to $19,966, falling as low as $17,690 at one point. And, almost a year to the day, we receive news of the SEC’s action versus Binance. The market response was notable, with prices declining 5.4% on higher than average volume.
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...