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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…