Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory framework.
The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the policies of the prior administration and a win for the crypto sector.
SEC Revises Approach to Regulating Digital Assets, Rescinds Controversial Crypto Accounting Rule. The U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting
President Donald Trump 's newly appointed Securities and Exchange Commission acting chairman, Mark Uyeda, announced the launch of a cryptocurrency task force to be led by Republican commissioner Hester Peirce.
Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate confirmation on
The U.S. Securities and Exchange Commission (SEC) could see a shift in its approach to cryptocurrency enforcement under the incoming Trump administration.
The US Securities and Exchange Commission has taken its first step toward crypto regulatory clarity following former Chair Gary Gensler’s departure on Jan. 20. According to a Jan. 21 announcement, the agency is creating a crypto task force dedicated to developing a framework for digital assets.
This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment that “protects investors, facilitates capital formation, fosters market integrity,
Top Republican officials at the U.S. Securities and Exchange Commission are poised ... Among the measures commissioners Hester Peirce and Mark Uyeda are weighing are initiating the process that ...
US SEC rescinds SAB 121, allowing banks more flexibility in crypto custody, with industry support and bipartisan praise
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a crypto accounting rule introduced in 2022, just days after SEC Chair Gary Gensler stepped down.