SEC rescinds controversial SAB 121, replacing it with crypto-friendly SAB 122 to ease burdens on banks and crypto firms.

SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for ...

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

The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...

What was SAB 121? The Staff Accounting Bulletin (SAB) 121 rule was introduced by the SEC in March 2022 as part of its efforts ...

However, the new administration is seen as more cryptocurrency-friendly. Soon after being named acting chair, Uyeda ...

After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...

According to local reports, Indian police have apprehended suspected cryptocurrency investment scammers in the Maharashtra ...

The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the ...

Following the surge in good news for the sector, potential changes to the rules on custody may pave the way to ‘dramatically ...

With $3 billion lost to crypto hacks in 2024, Ledger sees India as a key market for secure, user-friendly hardware wallets.

Trump’s first week in office included executive orders, rule changes and pardons that pleased the crypto industry.