SEC Rescinds SAB 121: What it Means For Crypto Industry and Bitcoin?

The post SEC Rescinds SAB 121: What it Means For Crypto Industry and Bitcoin? appeared first on Coinpedia Fintech News
In a major move for the crypto market, the SEC has officially rescinded SAB 121, a ruling that previously prevented banks from holding crypto assets due to its accounting requirements. This move is being hailed as incredibly bullish, as it opens the door for banks to offer crypto custody, buy and sell digital assets, and …

Read Full Article