2023-11-1 00:29 |
The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community.
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The SEC’s controversial Staff Accounting Bulletin 121 has received much criticism since its publication in March 2022.
2023-9-28 23:31 | |
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The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle, per American Banker. It emerged that the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121) requires custodians of digital assets to record those assets on their balance sheets.
2023-6-30 19:15 | |
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Coinbase accounts for roughly 79% of entities waiting to withdraw their staked Ethereum (ETH) as of June 8, according to Nansen’s dashboard. The exchange wants to withdraw 70,057 ETH (roughly $129 million) of the 88,121 ETH tokens pending withdrawals as of press time.
2023-6-8 12:45 | |
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Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
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U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In…
Uniswap‘s token UNI has dropped 17% following a lawsuit notice from US regulators sinking to $9.27, its lowest since late February. The latest decline coincided with the exchange receiving an official investigation Wells notice from the SEC. The market cap…
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