SAB 121 Rollback Rewrites Rules for U.S. Banks and Crypto

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This decision removes a major obstacle that complicated U.S.banks’ ability to offer digital asset custody services.  This change has been praised by many, especially in the crypto sector, who saw the original […]

The post SAB 121 Rollback Rewrites Rules for U.S.

The rollback of the SEC’s Staff Accounting Bulletin (SAB) 121 is a big win for both the U.S.crypto and banking industries.

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Author / Journalist: Izabela Anna

Category: Crypto

Markets: India

Topics: Market Market News Crypto Regulation Cryptocurrency SEC News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 06:44:03 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 117 words

Reading Time: 1 minutes read

Sentences: 51 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 25689721

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 5 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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