Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
The bank and crypto industry have both argued those changes would impose unprecedented costs on banks to provide custody services

House passes challenge to crypto bulletin

The House approved a Congressional Review Act challenge that would overturn a controversial piece of Securities and Exchange Commission guidance imposing restrictions on banks that want to provide custody services for digital assets.

The House voted 228-182, with 21 Democrats joining Republicans to advance the CRA resolution.

Subscripion logo

Become a Premium Policy member to continue reading The Vault

Join The Vault
Already a subscriber? Log In

Presented by Apollo

Apollo is helping to fuel the economy and promote resiliency in the financial system by originating investment-grade private credit. Learn how Apollo is helping the great American businesses of today become leaders of tomorrow.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.