
SEC Cancels SAB 121, Easing Crypto Rules
The SEC revokes SAB 121, a rule that forced financial firms to classify crypto assets as liabilities, following widespread industry opposition.
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
The SEC revokes SAB 121, a rule that forced financial firms to classify crypto assets as liabilities, following widespread industry opposition.
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