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 ...

On Jan. 24, the US Securities and Exchange Commission (SEC) revoked Staff Accounting Bulletin 121 (SAB 121) — a rule that forced banks to treat Bitcoin and other cryptocurrencies as liabilities ...

🚨BREAKING: Donald Trump's SEC Removes SAB 121 Rule, Opens Doors for US Banks in Bitcoin ETF Custody Days after Gary Gensler’s departure, SEC removed SAB 121 - infamous crypto accounting guidance.

The Amplify Transformational Data Sharing ETF has potential upside due to regulatory shifts favoring innovation, with a ...

XRP (CRYPTO: XRP) is the native cryptocurrency on the XRP Ledger, a blockchain built by technology company Ripple to enable ...

Traditional finance and crypto are coming closer together as President Donald Trump encourages more favorable regulation of ...

Two days after the creation of its new Task Force, the SEC rescinded SAB 121 and issued SAB 122 in its place. SAB 121 was issued in 2022 and states that, “as long as [a firm] is responsible for ...

Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.