Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121
The US Securities and Exchange Commission (SEC) has made a significant policy shift by introducing the Staff Accounting Bulletin (SAB) 122 to replace the highly criticized SAB 121. According to a J...
Source: CryptoSlate
The US Securities and Exchange Commission (SEC) has made a significant policy shift by introducing the Staff Accounting Bulletin (SAB) 122 to replace the highly criticized SAB 121. According to a Jan. 23 update, this development will resolve regulatory challenges that previously hindered the crypto custody sector. SAB 121 SAB 121, introduced under former SEC […]