What the U.S. SEC Rescinding of SAB 121 Means for Crypto
For years, U.S. banks tiptoed round crypto, cautious of the regulatory noose tightening round their steadiness sheets—because of the notorious ...
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Tag: SAB
SEC Scrapped SAB 121, Major Relief for Crypto Companies
The Securities and Alternate Fee (SEC) revoked Employees Accounting Bulletin 121 (SAB 121) on January 23, which has prompted considerations ...
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SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin
In a landmark resolution, the U.S. Securities and Trade Fee (SEC) has formally rescinded Employees Accounting Bulletin (SAB) No. 121, ...
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