US SEC rescinds SAB 121, allowing banks more flexibility in crypto custody, with industry support and bipartisan praise ...
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
The U.S. Securities and Exchange Commission (SEC) announced Thursday that it had rescinded accounting guidance long criticized by the cryptocurrency industry. The move signals an early shift under ...
The Securities and Exchange Commission on Thursday repealed a cryptocurrency accounting directive that prevented banking institutions from providing custodial services for digital assets. What ...
Bitcoiners have taken issue with Donald Trump’s executive order to study a “digital asset stockpile” not mentioning Bitcoin.
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own ...
In a notice posted on its website, the SEC said the 2022 guidance known as Staff Accounting Bulletin 121, which ...
SEC Revises Approach to Regulating Digital Assets, Rescinds Controversial Crypto Accounting Rule. The U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting ...
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.
US President Donald Trump has wasted no time in demonstrating his fealty to the cryptocurrency industry that backed his 2024 election ambitions. The alliance could herald a golden dawn for crypto, ...
With Hester Peirce, affectionately known as "Crypto Mom," now heading up the SEC's newly established Crypto Task Force, the tides are turning in favor of clarity and progress. As Commissioner Peirce ...
On January 21, 2025, the SEC announced the formation of a new Crypto Task Force. Styled “Crypto 2.0” in the SEC press release, the announcement signals a shift in the agency’s approach to the digital ...