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Bookmarking Crypto InsightsWed, 05 Jun 2024 18:45:58 +0000en-US
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3232SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
https://www.digit.info/sec-commissioner-advocates-for-withdrawal-of-sab-121-says-bidens-veto-was-unfortunate/
Wed, 05 Jun 2024 18:45:58 +0000https://www.digit.info/2024/06/05/sec-commissioner-advocates-for-withdrawal-of-sab-121-says-bidens-veto-was-unfortunate/Read more]]>U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed to prevent excessive administrative control. Despite bipartisan support for a resolution to repeal […]
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed to prevent excessive administrative control. Despite bipartisan support for a resolution to repeal […]
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