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Donald Trump’s crypto policies have ignited a sense of optimism within the industry, hinting at a new era of growth and innovation. The US Securities and...
The new US SEC team under Donald Trump’s leadership has revoked SAB 121, a crypto account regulation that has required financial entities to treat crypto holdings...
The US Securities and Exchange Commission (SEC) has removed the much-debated and unpopular crypto accounting guidance Staff Accounting Bulletin No. 121 (SAB 121) only a few...
Senator Cynthia Lummis and House Financial Services Committee Chairman Patrick McHenry have called on the US Securities and Exchange Commission (SEC) to retract Staff Accounting Bulletin...
The U.S. Securities and Exchange Commission (SEC) has been leveraging the controversial SAB 121 accounting rule thereby pushing banks to disclose their crypto custodial assets on...
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has voiced ongoing reservations regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). Her remarks followed...
Recently, certain banks and broker-dealers received exceptions from the U.S. Securities and Exchange Commission (SEC) to custody crypto assets. This revelation comes despite the standing guidelines...
The House of Representatives has delayed the vote to override President Biden’s veto on the SEC’s anti-crypto rule, SAB 121, after allegedly receiving a dramatic letter...
Representative Patrick McHenry, Chairman of the House Financial Services Committee, has made a strong case for overturning President Biden’s veto of a resolution that aimed to...
While there were reports earlier this week that the US House could vote to overturn Biden’s veto on SAS 121 regulatory oversight, there seems to be...
