Coinbase slams SEC for ‘choking’ crypto industry, Biden vetoes SAB 121

Despite senators writing to him, U.S. banking organizations lobbying him, and key players in the industry pleading with him, President Joe Biden vetoed the resolution to repeal SAB 121 anyway. So, where do we go from here? Meanwhile, Coinbase slams the SEC for “choking” the crypto industry, the U.S. Navy launches a blockchain security system, and we go through why Nigeria — in spite of the government’s resistance to crypto — could be one of the most important countries for the industry.Further reading:Nigeria’s interest in Bitcoin unfazed by regulatory restrictionsUS President Joe Biden vetoes SAB 121 repealUS banking lobby last-minute bid to stop Biden vetoing SAB 121 overturnUS SEC is ‘bent on choking’ the crypto industry — CoinbaseUS Navy launches ‘PARANOID’ blockchain security tech to private sectorSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.