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SEC Withdraws SAB 121 Crypto Accounting Rule, Issues New Guidance
The SEC has replaced its strict crypto custody accounting rule SAB 121 with more flexible guidance under SAB 122, allowing ...
Wall Street regulator revokes accounting guidance on crypto assets
In a notice posted on its website, the SEC said the 2022 guidance known as Staff Accounting Bulletin 121, which then-President Joe Biden blocked lawmakers from cancelling in May of last year, had been ...