The U.S. Securities and Exchange Commission (SEC) announced Thursday that it had rescinded accounting guidance long criticized by the cryptocurrency industry. The move signals an early shift under ...
The Securities and Exchange Commission (SEC), led by new acting Chair Mark Uyeda, has rescinded the controversial Staff Accounting Bulletin (SAB) 121, a rule that imposed strict disclosure ...
Bitcoiners have taken issue with Donald Trump’s executive order to study a “digital asset stockpile” not mentioning Bitcoin.
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own ...
The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the ...
SEC Revises Approach to Regulating Digital Assets, Rescinds Controversial Crypto Accounting Rule. The U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting ...
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to work with banks.Most Read from BloombergWhat Happened to Hanging Out on ...
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.
This week, on the first full day of the new administration, the SEC under acting Chairman Mark Uyeda announced the formation of an agencywide task force to study cryptocurrencies and chart a “sensible ...
With Hester Peirce, affectionately known as "Crypto Mom," now heading up the SEC's newly established Crypto Task Force, the tides are turning in favor of clarity and progress. As Commissioner Peirce ...
On January 21, 2025, the SEC announced the formation of a new Crypto Task Force. Styled “Crypto 2.0” in the SEC press release, the announcement signals a shift in the agency’s approach to the digital ...