Will Biden cast a negative vote as the US House and Senate support the abolition of anti-encryption rule SAB121?

According to a report by The Block, the US Senate has voted to repeal SEC’s anti-cryptocurrency rule SAB121. This announcement has sparked significant debates over the accounting requirements for cryptocurrency custodians. With the passage in both the Senate and the House, the bill will now be submitted to President Biden’s office, where the White House has previously indicated the possibility of exercising veto power.