Source: Coindesk.com
The U.S. Senate joined the House of Representatives in voting to repeal a controversial U.S. Securities and Exchange Commission (SEC) accounting rule that imposed burdensome capital requirements on crypto custodians. That’s a relatively big deal, considering the so-called Staff Accounting Bulletin, a.k.a. SAB 121, was one of the few things the crypto and banking industries have been aligned in opposing.
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Source: Coindesk.com
