Unchained • May 09, 24
US House Votes to Overturn Controversial SEC Guidance for Crypto Custodians
The U.S. House of Representatives voted to pass a measure that would overturn the U.S. Securities and Exchange Commission’s (SEC) controversial Staff Accounting Bulletin (SAB) 121, which would require crypto custodians to hold customer’s crypto assets as liabilities on their own balance sheets. T...
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