Advertisement
Singapore markets closed

  • Straits Times Index

    3,367.90
    +29.33 (+0.88%)
     

  • S&P 500

    5,475.09
    +14.61 (+0.27%)
     

  • Dow

    39,169.52
    +50.66 (+0.13%)
     

  • Nasdaq

    17,879.30
    +146.70 (+0.83%)
     

  • Bitcoin USD

    62,570.48
    -175.05 (-0.28%)
     

  • CMC Crypto 200

    1,339.58
    -4.92 (-0.37%)
     

  • FTSE 100

    8,136.37
    -30.39 (-0.37%)
     

  • Gold

    2,334.40
    -4.50 (-0.19%)
     

  • Crude Oil

    84.08
    +0.70 (+0.84%)
     

  • 10-Yr Bond

    4.4790
    +0.1360 (+3.13%)
     

  • Nikkei

    40,074.69
    +443.63 (+1.12%)
     

  • Hang Seng

    17,769.14
    +50.53 (+0.29%)
     

  • FTSE Bursa Malaysia

    1,597.96
    -0.24 (-0.02%)
     

  • Jakarta Composite Index

    7,125.14
    -14.48 (-0.20%)
     

  • PSE Index

    6,358.96
    -39.81 (-0.62%)
     

Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets

Reuters
U.S. President Joe Biden attends a campaign event at Girard College in Philadelphia

WASHINGTON (Reuters) - U.S. President Joe Biden on Friday vetoed a congressional disapproval of the U.S. Securities and Exchange Commission's accounting bulletin on crypto assets.

"By virtue of invoking the Congressional Review Act, this Republican-led resolution would inappropriately constrain the SEC's ability to set forth appropriate guardrails and address future issues," Biden said in a statement released by the White House.

(Reporting by Douglas Gillison; writing by Kanishka Singh; editing by Costas Pitas and Chris Reese)