The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...

US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...

SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for safeguarding 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The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own ...

The SEC revoked the controversial SAB 121 rule, which prevented banks and financial institutions from custodying crypto. The ...

Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.

The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.

The U.S. SEC has officially repealed SAB 121, which previously restricted banks from offering crypto custodial services.

In this settled action—part of a slew of SEC Enforcement cases reported out in the last days before the change in Administration—the SEC alleged ...

Celsius Holdings, the fitness beverage company, will pay a $3 million civil fine to resolve charges it accounted improperly ...

The ex-CFO of the now-defunct bank, which filed for bankruptcy following the FTX collapse, is arguing he had no “personal ...