Close Menu
Cryprovideos
    What's Hot

    AB Anywhere: Lists on Binance Alpha | UseTheBitcoin

    June 7, 2025

    Home Democrats Sound Alarm on CLARITY Act: Affect 'Will Not Be Quarantined to Crypto', Says Skilled – Decrypt

    June 7, 2025

    Musician made $3M promoting NFTs and misplaced all of it to taxes and a crypto crash

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»SAB 121 Rescinded: The SEC’s New Stance on Crypto Asset Safeguarding with SAB 122
    SAB 121 Rescinded: The SEC’s New Stance on Crypto Asset Safeguarding with SAB 122
    Crypto News

    SAB 121 Rescinded: The SEC’s New Stance on Crypto Asset Safeguarding with SAB 122

    By Crypto EditorFebruary 5, 2025No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    SAB 121 Rescinded: The SEC’s New Stance on Crypto Asset Safeguarding with SAB 122
    The Capital
    OpenAI DALL-E3 by Writer

    In a big shift for crypto custody and monetary reporting, the U.S. Securities and Alternate Fee (SEC) has rescinded Employees Accounting Bulletin (SAB) №121, changing it with SAB 122, efficient January 23, 2025. This resolution marks a serious regulatory reversal, eradicating the controversial requirement for custodians of crypto property to acknowledge each a legal responsibility and a corresponding asset on their stability sheets.

    The rescission of SAB 121 will reshape monetary disclosures, compliance burdens, and the general regulatory panorama for crypto custodians, exchanges, and monetary establishments. Whereas it alleviates considerations over capital and reserve necessities, the transfer raises broader questions in regards to the SEC’s evolving stance on digital asset regulation.

    Issued on March 31, 2022, SAB 121 imposed a novel accounting framework on entities safeguarding crypto property, requiring them to acknowledge a legal responsibility equal to the truthful worth of buyer property beneath custody with a corresponding asset. The SEC justified this method by citing distinctive technological, authorized, and regulatory dangers in crypto custody, notably considerations over non-public key administration, counterparty danger, and safety…



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    AB Anywhere: Lists on Binance Alpha | UseTheBitcoin

    June 7, 2025

    Home Democrats Sound Alarm on CLARITY Act: Affect 'Will Not Be Quarantined to Crypto', Says Skilled – Decrypt

    June 7, 2025

    Musician made $3M promoting NFTs and misplaced all of it to taxes and a crypto crash

    June 7, 2025

    Whale Switch Sends Billions of SHIB to Coinbase—What’s Going On? – BlockNews

    June 7, 2025
    Latest Posts

    Bitcoin at Danger of Deeper Pullback as Momentum Stalls, Analyst Says

    June 7, 2025

    Bitcoin Repeating 2024 Rally? Analysts Eye ‘Actual Breakout’ To $120,000

    June 7, 2025

    Extensively Adopted Analyst Outlines Bullish Path for Bitcoin, Says BTC Will Battle Gold and ‘By no means Look Again’ – The Day by day Hodl

    June 7, 2025

    Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin

    June 7, 2025

    Bitcoin MVRV Ratio Kinds Bear Cross—Brace For Affect?

    June 7, 2025

    Public Keys: Gemini Twinning Circle, Technique's 'Most popular' Bitcoin Play – Decrypt

    June 7, 2025

    Bitcoin ATM Operator CoinFlip Targets $1B Sale as Market Shifts

    June 7, 2025

    Bitcoin Recovers From $100K Dip Whereas On-Chain Knowledge Exhibits Rising Miner Exercise

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Coinbase Unleashes 24/7 XRP and SOL Futures Buying and selling

    May 30, 2025

    Is it Too Late To Purchase PHA? Phala Community Worth Soars 70% And This May Be The Subsequent Crypto To Explode

    December 28, 2024

    Coinbase Features Approval To Faucet Into Argentina’s Crypto Market

    January 30, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.