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Coinbase and Lawmakers Urge SEC to Revoke SAB 121, Citing Unfair Burden on Crypto Custodians

Coinbase and Lawmakers Urge SEC to Revoke SAB 121, Citing Unfair Burden on Crypto Custodians


CoinOtag
2024-09-24 00:51:39
Coinbase and Lawmakers Urge SEC to Revoke SAB 121, Citing Unfair Burden on Crypto Custodians

A bipartisan group of lawmakers is urging the SEC to revoke Staff Accounting Bulletin 121 (SAB 121), arguing that it imposes undue burdens on crypto custodians. SAB 121 has been

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