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U.S. Senator Cynthia Lummis: Repeal of SAB 121 Puts SEC Back on Track
On January 24th, Cynthia Lummis, the proponent of the BTC Strategic Reserve Act and the chair of the Senate Banking Committee's digital asset subcommittee, posted on social media that SAB 121 was disastrous for the banking industry and would only hinder America's digital asset innovation and progress. It's great to see it repealed, putting the SEC back on track to fulfill its intended mission.