The U.S. Securities and Exchange Commission (SEC) has repealed Staff Accounting Bulletin No. 121 (SAB 121), a controversial crypto accounting rule that …
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Regulation
Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) has made a significant policy shift by introducing the Staff Accounting Bulletin (SAB) 122 to …
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Regulation
President Trump Eliminates SAB 121, Allowing Banks To Custody Bitcoin and Crypto Assets
by shayaanby shayaanPresident Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding …