US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory ...
Digital asset projects are increasingly turning to community-driven platforms to raise money, the report said.
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.
With Hester Peirce, affectionately known as "Crypto Mom," now heading up the SEC's newly established Crypto Task Force, the tides are turning in favor of clarity and progress. As Commissioner Peirce ...
The U.S. Securities and Exchange Commission (SEC) saw a 30% decline in crypto-related enforcement actions during the final ...
The SEC revoked the controversial SAB 121 rule, which prevented banks and financial institutions from custodying crypto. The ...
SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for safeguarding assets.
In a notice posted on its website, the SEC said the 2022 guidance known as Staff Accounting Bulletin 121, which then-President Joe Biden blocked lawmakers from cancelling in May of last year, had been ...
The SEC announced a task force to develop a regulatory framework for crypto assets, just one day after the president Trump’s ...