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SEC Commissioner Hester Peirce, who now leads the agency’s crypto task force, took to social media to express her relief, saying, “Bye, bye SAB 121! It’s not been fun.” This sentiment ...
The controversial SAB 121 rule, which former SEC Chair Gary Gensler backed, led to increased capital reserve obligations as it required lenders to recognize client-held crypto on their balance sheets ...
Mantra’s OM token looked great: up over 800% year‑on‑year, a fresh $108 million ecosystem fund and a $1 billion Dubai ...
Reversal of SAB 121 allows banks to offer Bitcoin-backed loans, making it easier for holders to access capital without selling their assets, says BitLab Director Kelly Kellam. Kelly Kellam ...
A new report from Galaxy Digital shows the crypto lending market is still far from its 2021 peak, but decentralized platforms ...
Crypto firms like Circle and BitGo push for bank charters as regulatory changes ease. Signals shift toward mainstream financial integration.
CleanSpark CEO responds to new crypto rules as Trump policies open doors for institutional Bitcoin adoption and mining ...
The First Lightning Payments Provider Fully Integrated with an Enterprise Crypto Compliance Platform ... aligning with the SAB 121 repeal and stablecoin expansion on Lightning.
They also delve into the rescission of SAB 121, which had previously limited banks' ability to maintain custody of crypto assets, and the evolving regulatory stance under the new administration.
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