and how they should account for their obligations to safeguard crypto assets for their users, along with the disclosures they should provide to the SEC staff. The guidance said companies should ...
led by Commissioner Hester Peirce and dedicated to the development of a clear and comprehensive regulatory framework for crypto assets. The SEC said the current legal confusion in the crypto ...
"CryptoMom” Hester Peirce, who was appointed by President Trump to the SEC ... a crypto task force dedicated to developing a comprehensive and clear regulatory framework for crypto assets ...
The U.S. Securities and Exchange Commission published ... other public companies that they had to mark any customers' crypto assets on their own balance sheets. SAB 122 "rescinds the interpretive ...
The SEC's move to rescind the previous Staff Accounting Bulletin SAB 121 is a massive win for any crypto-asset custodian or platform, including real world asset (RWA) projects. Not only does this ...
Introduced in March 2022 under former SEC Chair Gary Gensler, SAB 121 required institutions holding bitcoin and crypto assets for customers to record those holdings as liabilities on their balance ...
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule ...
US Securities and Exchange Commission staff ... allow investors to understand an entity’s obligation to safeguard crypto assets held for others,” according to the repeal notice issued Thursday.
The Securities and Exchange Commission (SEC), led by new acting Chair Mark Uyeda, has rescinded the controversial Staff ...
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SEC Staff Accounting Bulletin (SAB) 121 is no more. Today, SAB 122 rescinded the guidance of SAB 121 – the bulletin that “expressed the views of the staff regarding the accounting for ...