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Category Sab 121

MainNewsSab 121
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SAB 122 Is A Bigger Bitcoin Price Catalyst Than The US BTC Reserve

SAB 122 Is A Bigger Bitcoin Price Catalyst Than The US BTC Reserve

The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a dir...
Jan, 24, 2025
3 min read
by NewsBTC
Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121

Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121

The US Securities and Exchange Commission (SEC) has made a significant policy shift by introducing the Staff Accounting Bulletin (SAB) 122 to repla...
Jan, 24, 2025
2 min read
by CryptoSlate
SEC Commissioner Hester Peirce Says Goodbye to Controversial Crypto Accounting Guidance SAB 121

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 framework. The post SEC Commi...
Jan, 24, 2025
2 min read
by Cryptonews
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’

BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’

BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP)...
Sep, 26, 2024
by Bitcoin News
SEC’s Hester Peirce questions Commission’s stubborn stance on SAB 121

SEC’s Hester Peirce questions Commission’s stubborn stance on SAB 121

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has raised ongoing concerns about the SEC’s Staff Accounting Bulletin No. 12...
Sep, 10, 2024
2 min read
by CryptoSlate
Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric

Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric

Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance hersel...
Jul, 28, 2024
by Bitcoin News
US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He critici...
Jul, 27, 2024
by Bitcoin News
SEC Relaxes Crypto Reporting Rules for Banks and Brokerages

SEC Relaxes Crypto Reporting Rules for Banks and Brokerages

The SEC has announced new exemptions to its crypto reporting rules, providing relief for banks and brokerages. However, these institutions must dem...
Jul, 12, 2024
3 min read
by Cryptonews
SEC reportedly accepts SAB 121 exceptions to crypto accounting rules for banks and brokerages

SEC reportedly accepts SAB 121 exceptions to crypto accounting rules for banks and brokerages

The US Securities and Exchange Commission (SEC) has reportedly accepted a proposal with exceptions for certain institutions affected by the controv...
Jul, 12, 2024
2 min read
by CryptoSlate
SEC’s Crypto Stance Is ‘Anti-Investor’: CoinRoutes CEO Slams US Regulator

SEC’s Crypto Stance Is ‘Anti-Investor’: CoinRoutes CEO Slams US Regulator

The US Securities and Exchange Commission (SEC) has been heavily criticized for its regulatory approach to the crypto industry. Politicians and ind...
Jul, 12, 2024
3 min read
by Bitcoinist

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