Cryptocurrency SAB 121 Rollback Rewrites Rules for U.S. Banks and CryptoBy admin8996erT0allFebruary 1, 2025 SEC’s rollback of SAB 121 clears hurdles for U.S. banks to offer crypto custody.SAB 121 rollback celebrated, but broader regulatory…
Cryptocurrency Next Cryptocurrency to Explode After SEC Takes SAB 121 Out & Ethereum Could Shoot to $7KBy admin8996erT0allJanuary 24, 2025 The new US SEC team under Donald Trump’s leadership has revoked SAB 121, a crypto account regulation that has required…
Cryptocurrency US Lawmakers Applaud SEC Decision to Scrap SAB 121By admin8996erT0allJanuary 24, 2025 This was the first major crypto-related policy shift under the new acting Chair Mark Uyeda. President Donald Trump issued an…
Cryptocurrency SEC cancels controversial crypto accounting rule SAB 121By admin8996erT0allJanuary 24, 2025 The US Securities and Exchange Commission has revoked a rule that discouraged financial firms from holding crypto, by requiring them…
Cryptocurrency SEC Revokes SAB 121, Allows Banks to Custody BitcoinBy admin8996erT0allJanuary 24, 2025 The SEC announced Staff Accounting Bulletin (SAB) No. 122, canceling the previous guidance under SAB 121, which discouraged banks from…
Cryptocurrency Bitcoin and SAB 121 – Will Trump’s first day go the distance for crypto?By admin8996erT0allJanuary 15, 2025 Trump is reportedly set to roll back the SAB 121 accounting ruleMarket expectations for a Strategic BTC reserve in the…