JUST IN: U.S. SEC rescinds Staff Accounting Bulletin 121
The controversial SAB 121 guidance imposed strict accounting requirements on firms seeking to custody digital assets on behalf of customers, requiring them to list 'digital assets' as liabilities. This potentially paves the way for U.S. financial institutions to custody bitcoin and other cryptocurrencies.
Source: https://www.sec.gov/rules-regulations/staff-guidance/staff-accounting-bulletins/staff-accounting-bulletin-122
Not tired of winning. Keep em coming.
Also don't use KYC
Please Login to reply.
No replies yet.
