Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.

Congress probes Operation Chokepoint 2.0 claims as Rep. Comer investigates alleged crypto debanking under Biden administration.

Discover how the SEC's repeal of SAB 121 opens doors for U.S. banks to custody Bitcoin, heralding a new era of crypto integration and financial innovation.

On January 23, 2025, barely 72 hours after the appointment of Mark Uyeda as the Acting Chairman of the U.S. Securities and Exchange Commission, ...

Critics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal ...

Efforts to overturn SAB 121 gained bipartisan support in Congress last year, although a veto from then-President Joe Biden ...

After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...

The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...

The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...

President Trump signed an executive order establishing a crypto advisory group and exploring a national digital asset ...

The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...