SEC Withdraws SAB 121, Embraces Crypto with SAB 122 in 2025
SAB 121 Rescinded: A Clear Path to Crypto Custody and Regulation in 2025 The U.S. Securities and Exchange Commission (SEC) announced a significant shift in crypto regulation by withdrawing Staff Accounting Bulletin 121 (SAB 121) and introducing SAB 122 on January 23, 2025. This move, backed by President Donald Trump’s administration, signals a departure from […]
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