Arrr, Biden be walkin' the plank with the crypto crew! Ye best be watchin' yer back, matey!
2024-06-02
Arrr mateys! After the recent shockin' ETH ETF approval, some thought Biden be turnin' a new leaf on crypto. But alas, the scallywag vetoed the bill overturnin' the SEC's SAB 121! No treasure for us from that landlubber!
Arr matey! After the recent shocking ETH ETF approval, many a scallywag hoped that Biden be changing his tune of relentless antagonism toward the crypto industry. TheBlock even went so far as to report that the "Biden campaign ramps up crypto industry outreach in surprising tone shift." There be whispers that he may not veto the bill overturning the SEC's SAB 121, which makes it more difficult for entities like banks to custody crypto.But alas, me hearties, 'twas not to be! Late on Friday, Biden vetoed the bill, shattering the hopes of many a crypto enthusiast. The seas be rough and unpredictable, me mateys, and we must be prepared for any storm that may come our way. Will Biden change his tune in the future, or will he continue to be a thorn in the side of the crypto industry? Only time will tell, but for now, we must batten down the hatches and weather the storm.