SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate

Share This Post

SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden's Veto Was 'Unfortunate'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 […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?

Bitcoin price extended its increase above $66,000 BTC is now correcting gains below $65,500 and might continue to move down toward $64,000 Bitcoin is correcting gains from the $66,500 zone The price

Malicious Crypto-Stealing App Exposed on Google Play

An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols Check Point Research exposed the app after it had siphoned

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market

Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus

Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of US rate cuts and China’s monetary stimulus, which could boost bitcoin’s

ETH Rally Pushes Profitability To Nearly 70%: More To Come This Week?

Ethereum’s movement last week was full of mixed signals as Spot Ethereum ETFs started to witness good inflows Notably, ETH has been on a rally since the middle of September, reflecting a 25%

Bedrock Bolsters Security Post-$2 Million Hack, Partners With Chainlink

On Sept 27, Bedrock, a liquidity staking platform, experienced a security breach affecting $2 million in liquidity Bedrock said it has taken steps to address the incident, including integrating with