JD Supra5m
U.S. Leadership in Digital Assets and Blockchain Technology Among Trump's Week 1 Executive Orders
After years of regulatory uncertainty, the highly anticipated federal government changes in support of digital assets are beginning to take ...
Financial Buzz3h
SEC Rescinds Controversial Rule on Crypto Assets
Efforts to overturn SAB 121 gained bipartisan support in Congress last year, although a veto from then-President Joe Biden ...
SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...
SEC repeals SAB 121 accounting rule for crypto financial reporting
The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...
Bitcoin Magazine7h
SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin
The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...
blockonomi8h
Trump Administration Launches Digital Asset Initiative with Executive Order
President Trump signed an executive order establishing a crypto advisory group and exploring a national digital asset ...
coinspeaker8h
SEC Revokes Crypto Accounting Rule Following Presidential Transition
Under the leadership of former SEC Chair Gary Gensler, the SEC adopted a stringent regulatory stance toward the crypto sector.
InvestmentNews8h
SEC staff axes guidance much criticized by crypto industry
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...
cryptonews13h
SEC Commissioner Hester Peirce Says Goodbye to Controversial Crypto Accounting Guidance SAB 121
Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory ...
SAB 121 axed: SEC repeals crypto accounting rule as Trump era dawns
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
Wall Street regulator revokes accounting guidance on crypto assets
The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the ...