The notice from SEC staff wasn’t legally binding, but companies tend to take such guidance as writ rather than suggestion.
Bitcoin soars to $108,899 on inauguration day, followed by Ross Ulbricht’s pardon, new SEC crypto regulations, legislative ...
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...
The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...
Critics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal ...
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS ...
With little fanfare, on January 23, 2025, the US Securities and Exchange Commission (SEC) withdrew controversial Staff ...
Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory ...
Ripple Labs has formally asked for an April 16 deadline to file its cross-appeal brief in its ongoing lawsuit with the US ...
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.