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.

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, ...

Critics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal ...

Efforts to overturn SAB 121 gained bipartisan support in Congress last year, although a veto from then-President Joe Biden ...

U.S. President Donald Trump has announced significant investments and initiatives aimed at accelerating the adoption and ...

After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...

The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...

The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...

President Trump signed an executive order establishing a crypto advisory group and exploring a national digital asset ...

US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...

Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory ...