Trump’s first week in office included executive orders, rule changes and pardons that pleased the crypto industry.
Critics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal ...
Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.
President Donald J. Trump signed an executive order establishing a working group on digital assets, directing the group to ...
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...
Efforts to overturn SAB 121 gained bipartisan support in Congress last year, although a veto from then-President Joe Biden ...
The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...
The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...
Under the leadership of former SEC Chair Gary Gensler, the SEC adopted a stringent regulatory stance toward the crypto sector.
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for ...