Catenaa, Friday, January 24, 2025 – The US Securities and Exchange Commission (SEC) on Thursday repealed a controversial cryptocurrency accounting directive, clearing the way for banking institutions to provide custodial services for digital assets.  Hester Peirce, an SEC commissioner and prominent cryptocurrency advocate, announced the cancellation of Staff Accounting Bulletin No. 121, commonly referred to […]

Catenaa, Thursday, January 16, 2025 – Speculation was rife that US President-elect Donald Trump could sign executive orders on his first day in office targeting crypto de-banking policies and repealing a contentious bank accounting rule from the Biden administration. The orders would reverse the SEC’s March 2022 Staff Accounting Bulletin (SAB 121), which required banks […]