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Cryptoknowmics 2025-01-24 07:58:28

Trump Repeals SEC Crypto Rule, Opening Doors for U.S. Banks

In a significant shift for U.S. banking and cryptocurrency regulation, President Donald Trump has officially repealed Staff Accounting Bulletin 121 (SAB 121), a controversial rule imposed by the Securities and Exchange Commission (SEC). What Was the Rule? SAB 121 required banks to classify crypto assets held on behalf of customers as liabilities. This created regulatory … Continue reading "Trump Repeals SEC Crypto Rule, Opening Doors for U.S. Banks" The post Trump Repeals SEC Crypto Rule, Opening Doors for U.S. Banks appeared first on Cryptoknowmics-Crypto News and Media Platform .

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