Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory ...
Critics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal ...
Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate ...
The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...
On January 23, 2025, barely 72 hours after the appointment of Mark Uyeda as the Acting Chairman of the U.S. Securities and Exchange Commission, ...
Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.
Congress probes Operation Chokepoint 2.0 claims as Rep. Comer investigates alleged crypto debanking under Biden administration.
Efforts to overturn SAB 121 gained bipartisan support in Congress last year, although a veto from then-President Joe Biden ...