The rescission of SAB 121 unlocks institutional access to crypto, paving the way for a surge of traditional financial service ...
The Staff Accounting Bulletin (SAB) 121 rule was introduced by the SEC in March 2022 as part of its efforts to regulate cryptocurrency custody. It required financial institutions to list any ...
Controversial Securities and Exchange Commission accounting guidance known as SAB 121 has been rescinded. SAB 121 has been viewed as a significant obstacle preventing banks from providing custody ...
President Trump signed an executive order ("EO") titled "Strengthening American Leadership in Digital Financial Technology" that signals a ...
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 ...
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. In the rapidly evolving ...
Massachusetts Senator Elizabeth Warren, long dubbed “anti-crypto” by industry executives, has gained a common cause with the crypto sector: fighting banks.
President Trump's return to the Oval Office didn't just push bitcoin to a new all-time high—it also started off a chain reaction of developments in the crypto markets.
The President has set the “tone at the top” to drive the the crypto and AI industry by supercharging investment, confidence, ...
ACCC Chair Gina Cass-Gottlieb warned that the U.S. relaxing crypto regulations is a “concern,” increasing risks for consumers ...
Kelly Kellam, Director at BitLab Academy, said the reversal of SAB 121 will make it easier for banks to lend against Bitcoin, just like they do with real estate. “If we get the SAB 121 change ...
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