Reversal of SAB 121 allows banks to offer Bitcoin-backed loans, making it easier for holders to access capital without ...
On January 23, 2025, the Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin 122 (SAB 122), rescinding the controversial ...
Preston Pysh explains how the rescission of SAB 121 could permanently entrench Bitcoin into the financial system, surpassing ...
SEC rescinds controversial SAB 121, replacing it with crypto-friendly SAB 122 to ease burdens on banks and crypto firms.
Any level above $150,000 for Bitcoin would be "speculative fever," US SEC cancels SAB 121 rule, and more: Hodler's Digest ...
President Trump signed an executive order titled Strengthening American Leadership in Digital Financial Technology (Crypto ...
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SAB 121 (Staff Accounting Bulletin 121), introduced during Gary Gensler’s tenure at the SEC, imposed significant restrictions on financial institutions looking to custody Bitcoin. Under its ...
The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and other publicly-traded companies to account for customers' crypto assets on ...