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Trump opens the gates for crypto deregulation with series of measures

By Neil Roland ( January 24, 2025, 23:38 GMT | Comment) -- The US Securities and Exchange Commission's rescission of an accounting bulletin capped a series of victories for cryptocurrency deregulation this week and set up the potential for further reduction in the oversight that the Biden administration exercised. Staff Accounting Bulletin 121 became a contentious issue in Congress because a lot of money was at stake in its enforcement. But the banks - happy to see its demise - are influential with lawmakers.The US Securities and Exchange Commission's rescission of an accounting bulletin capped a series of victories for cryptocurrency deregulation this week and set up the potential for further reduction in the oversight that the Biden administration exercised....

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