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 ...

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 ...

In the fast-paced landscape of bitcoin adoption, few regulatory changes hold as much significance as the recent repeal of SAB 121. Esteemed Bitcoin supporter and investor Preston Pysh posits that ...

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 ...

The Securities and Exchange Commission decided to eliminate a piece of accounting guidance known as Staff Accounting Bulletin 121 (SAB 121) that called for financial institutions to hold crypto on ...

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 ...