Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.

After years of regulatory uncertainty, the highly anticipated federal government changes in support of digital assets are beginning to take ...

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After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...

The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...

The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...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US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...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 ...

The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...

The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the ...