Category: SAB
-
Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121
•
Republican lawmakers are pressing the U.S. Securities and Exchange Commission to repeal a controversial rule for banks dealing with cryptocurrencies. Yesterday, September 23, a group of more than 40 members of Congress met sender A group of investors have signed letters to the heads of four major U.S. regulatory agencies,…
-
Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121
•
Republican lawmakers are pressing the U.S. Securities and Exchange Commission to repeal a controversial rule for banks dealing with cryptocurrencies. Yesterday, September 23, a group of more than 40 members of Congress met sender A group of investors have signed letters to the heads of four major U.S. regulatory agencies,…
-
BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
•
Bank of New York Mellon, the largest custodian bank in the United States, has been granted an exemption from a controversial rule by the Securities and Exchange Commission that could allow it to hold bitcoin. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the United States has taken a step…
-
BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
•
Bank of New York Mellon, the largest custodian bank in the United States, has been granted an exemption from a controversial rule by the Securities and Exchange Commission that could allow it to hold bitcoin. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the United States has taken a step…
-
US President Joe Biden Vetoes Overturn of SAB 121
•
US President Joe Biden has vetoed Congressional Resolution HJ Res.109, which seeks to repeal US Securities and Exchange Commission (SAB) Staff Accounting Circular 121, a controversial guidance measure widely viewed as anti-crypto. Interestingly, Biden’s actions come amid rumors that the current government was making a stand to curry favor with…
-
US President Joe Biden Vetoes Overturn of SAB 121
•
US President Joe Biden has vetoed Congressional Resolution HJ Res.109, which seeks to repeal US Securities and Exchange Commission (SAB) Staff Accounting Circular 121, a controversial guidance measure widely viewed as anti-crypto. Interestingly, Biden’s actions come amid rumors that the current government was making a stand to curry favor with…