Since Donald Trump’s return to power as the US president, crypto markets have surged, powered by regulatory shifts, ...

US Treasury officially scraps crypto broker reporting rules after Congressional vote as Senator Cruz leads repeal.

Fannie Mae and Freddie Mac instructed to develop a proposal to use crypto as a reserve asset in loan risk assessments The ...

DATUFA is composed of 121 members, of which only 67 are currently active ... particularly the required documents for their registration with the Securities and Exchange Commission (SEC). Bileta ...

3 Ways SAB 121’s Rescission Will Shift The Institutional Crypto Market Blockdaemon The rescission of the U.S. Securities and Exchange Commission (SEC) Staff Accounting Bulletin No. 121 (“SAB ...

The SEC rescinded its cryptocurrency accounting guidance, Staff Accounting Bulletin (SAB) 121, on Jan. 23, 2025. Issued in March 2022, SAB 121 required crypto custodians to record digital assets ...

In March 2022, the SEC issued SAB 121, which was designed to articulate the views of the SEC staff regarding the accounting for obligations to safeguard crypto assets an entity holds for platform ...

Preston Pysh explains how the rescission of SAB 121 could permanently entrench Bitcoin into the financial system, surpassing the importance of a Strategic Bitcoin Reserve.

The SEC had said that the bulletin adds guidance for entities “to consider when they have obligations to safeguard crypto-assets held for their platform users”. The new directive, SAB 122, supersedes ...

SEC rescinds controversial SAB 121, replacing it with crypto-friendly SAB 122 to ease burdens on banks and crypto firms.