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SEC softens stance on crypto bill SAB-121, allowing banks to hold customer assets in "bankruptcy quarantine"

In a recent speech, Mount, the chief accountant of the Securities Exchange Commission (SEC), appeared to back down in the SEC's Staff Accounting Bulletin 121 (SAB-121), which restricts banks from offering digital asset custody services to customers. According to Galaxy Research Director Thorne...

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2024-09-13 20:22:15
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