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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...
House members will vote on President Joe Biden’s Staff Accounting Bulletin(SAB) 121 legislation on July 9 or 10. This is according to the weekly schedule posted...
This week is all set for some important events for the crypto industry as investors eagerly await the approval of the spot Ethereum ETFs. However, there...
US lawmakers will vote next week on H.J. Res. 109, a bill to overturn the controversial SEC accounting bulletin—Staff Accounting Bulletin 121 (SAB 121). President Joe...
