SEC cancels controversial crypto accounting rules
The SEC published a new Staff Accounting Bulletin revoking SAB 121, rules that governed how financial firms should hold crypto criticized by the industry. Go to Source
Bookmarking Crypto Insights
The SEC published a new Staff Accounting Bulletin revoking SAB 121, rules that governed how financial firms should hold crypto criticized by the industry. Go to Source
Senator Elizabeth Warren urged DOGE Chair Elon Musk to cut wasteful spending, proposing full IRS funding and closing the carried interest loophole. Go to Source
Bitcoin price falls after President Trump signs an executive order creating a working body for researching and designing a “national digital asset stockpile.” Go to Source
The Ethereum co-founder warned against crypto projects offering “sugar-high short-term fun” rather than those used to build wealth. Go to Source
The financial services giant is also considering adding crypto to its trading platform, E-Trade, due to a change in regulatory climate. Go to Source
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile. Go to Source
BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector? Go to Source
Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs. Go to Source
The virtual speech to the World Economic Forum reiterated Donald Trump’s pledge to an audience at a July 2024 Bitcoin conference. Go to Source
Janice McAfee and Vine co-founder Rus Yusupov are the latest to ride in the memecoin wave, raising scam fears. Go to Source