SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for ...

SEC rescinds controversial SAB 121, replacing it with crypto-friendly SAB 122 to ease burdens on banks and crypto firms.

Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.

Discover new cryptocurrency releases and presales making waves in the market today. Stay ahead with insights on these digital ...

The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...

However, the new administration is seen as more cryptocurrency-friendly. Soon after being named acting chair, Uyeda ...

What was SAB 121? The Staff Accounting Bulletin (SAB) 121 rule was introduced by the SEC in March 2022 as part of its efforts ...

After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...

According to local reports, Indian police have apprehended suspected cryptocurrency investment scammers in the Maharashtra ...

On January 23, 2025, barely 72 hours after the appointment of Mark Uyeda as the Acting Chairman of the U.S. Securities and Exchange Commission, ...

The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the ...

The SEC revoked the controversial SAB 121 rule, which prevented banks and financial institutions from custodying crypto. The ...