SEC Staff Repeals Crypto-Accounting Guidance Reviled by Industry
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...
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The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
Accounting Today11h
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The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own ...
InvestmentNews2h
SEC staff axes guidance much criticized by crypto industry
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...
cryptonews6h
SEC Commissioner Hester Peirce Says Goodbye to Controversial Crypto Accounting Guidance SAB 121
Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory ...
Crypto Briefing8h
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.
Fitness beverage company Celsius to pay $3 million fine to settle US SEC accounting case
Celsius Holdings, the fitness beverage company, will pay a $3 million civil fine to resolve charges it accounted improperly ...
Bitcoin Magazine55m
SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin
The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...
decrypt13h
SEC Rescinds Controversial Crypto Accounting Rule, Signals Regulatory Shift
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.
coinspeaker1h
SEC Revokes Crypto Accounting Rule Following Presidential Transition
Under the leadership of former SEC Chair Gary Gensler, the SEC adopted a stringent regulatory stance toward the crypto sector.
Crypto Briefing13h
NewsBriefs - SEC revokes controversial crypto accounting guidance post-Gensler
The US Securities and Exchange Commission (SEC) has revoked Staff Accounting Bulletin No. 122, known as SAB 121, which ...
CoinDesk13h
SEC Withdraws Controversial Crypto Tax Accounting Bulletin
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.