SAB 121 mandated that crypto custody providers and exchanges recognise customer holdings as both assets and liabilities.

The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...

The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...

SEC rescinds controversial SAB 121, replacing it with crypto-friendly SAB 122 to ease burdens on banks and crypto firms.

On January 23, 2025, the Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin 122 (SAB 122), rescinding the controversial ...

Reversal of SAB 121 allows banks to offer Bitcoin-backed loans, making it easier for holders to access capital without ...

Any level above $150,000 for Bitcoin would be "speculative fever," US SEC cancels SAB 121 rule, and more: Hodler's Digest ...

SAB 121 Finally Dumped In a new staff accounting bulletin published Thursday, the SEC rescinded "the interpretive guidance included in Section FF of Topic 5 in the Staff Accounting Bulletin Series ...

President Trump signed an executive order titled Strengthening American Leadership in Digital Financial Technology (Crypto ...