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SEC Axes SAB121, Admits It Stifled Collaboration With Banks
The SEC, under the Trump administration, has repealed the controversial SAB121. SAB121 imposed stringent requirements on ...
Better Markets Backs SEC Appeal in Ripple Case, Citing Risks to Millions of Retail Investors
The SEC initially sued Ripple in December 2020, alleging that the company, CEO Brad Garlinghouse, and co-founder Chris Larsen ...
crypto2community3h
SEC Rescinds SAB 121 Rule, Easing Crypto Custody Accounting for Banks
US SEC rescinds SAB 121, allowing banks more flexibility in crypto custody, with industry support and bipartisan praise ...
cryptopolitan3h
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.
Crypto News Flash4h
TRUMP, DOGE, BONK ETFs Could Gain Approval Under New SEC Leadership
REX Shares files for memecoin ETFs, including TRUMP and DOGE, amid regulatory shifts under pro-crypto SEC acting chair Mark ...
Crypto industry concerned over Trump's embrace of personal meme coins
The price of bitcoin and other digital assets has soared since Trump won the US elections. A lavish "Crypto Ball" ahead of ...
Crypto Briefing5h
SEC scraps SAB 121 rule, easing crypto custody accounting for banks
SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for safeguarding assets.
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The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
SEC revokes controversial rule preventing banks from custodying crypto
The SEC revoked the controversial SAB 121 rule, which prevented banks and financial institutions from custodying crypto. The ...
EconoTimes6h
SEC Withdraws Controversial Crypto Disclosure Rules Under Trump Leadership
The Securities and Exchange Commission (SEC), led by new acting Chair Mark Uyeda, has rescinded the controversial Staff Accounting Bulletin (SAB) 121, a rule that imposed strict disclosure ...
SEC’s crypto actions dropped by 30% in Gensler’s final year
The SEC's crypto enforcement actions declined last year, the agency's last under Gary Gensler, but still saw a record $5 ...
Accounting Today8h
SEC withdraws accounting guidance on safeguarding crypto assets
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own ...