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The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...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 Price Climbs on Inauguration Day Followed by High-Profile Pardons, SEC Reforms & Dangerous Crypto Kidnapping
Bitcoin soars to $108,899 on inauguration day, followed by Ross Ulbricht’s pardon, new SEC crypto regulations, legislative ...
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After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...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 Removes Roadblock for Banks to Hold Crypto. Why It Won’t Lead to Major Change.
The notice from SEC staff wasn’t legally binding, but companies tend to take such guidance as writ rather than suggestion.
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The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
cryptonewsz5h
New SEC Rule Opens Door for Banks to Offer Crypto Services
U.S. SEC has revised its controversial SAB 121, a move that is expected to facilitate crypto adoption by traditional banking ...
cryptonews21h
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 ...
The National Law Review7h
SEC Withdraws Crypto Accounting Bulletin
With little fanfare, on January 23, 2025, the US Securities and Exchange Commission (SEC) withdrew controversial Staff ...
coinspeaker16h
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.
The Daily Hodl5h
Despite End-of-Year Uptick, Gary Gensler’s SEC Cut Down Crypto Sanctions by 30% in 2024: Report
A new report from the financial insights firm Cornerstone Research claims that Gary Gensler slowed down crypto enforcement ...
Pensions&Investments11h
SEC rescinds tougher crypto-custody guidance
However, the new administration is seen as more cryptocurrency-friendly. Soon after being named acting chair, Uyeda ...
Cryptopolitan on MSN22h
SEC crypto enforcement plunged 30% under Gensler’s final year
The U.S. Securities and Exchange Commission (SEC) saw a 30% decline in crypto-related enforcement actions during the final year of former Chair Gary Gensler’s tenure.