SAB 122

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SEC Rescinds SAB 121 Rule, Easing Crypto Custody Accounting for Banks
SEC Rescinds SAB 121 Rule, Easing Crypto Custody Accounting for Banks
Crypto News1 years ago
Syed Ali Haider
By Syed Ali Haider1/24/2025
Highlights: SEC’s rescindment of SAB 121 offers banks greater flexibility in crypto asset management. Commissioner Peirce supports the change, calling SAB 121 restrictive and innovation-stifling. Lawmakers praise repeal, arguing it restores balance and encourages U.S. digital asset growth. On January […]