The SEC has repealed SAB 121, ending a saga involving a congressional bill and a presidential veto. This opens new possibilities for traditional financial institutions, that are now free to offer crypto services involving custody to their customers. SEC Repeals SAB 121, Opens New Era for Crypto in Traditional Finance One of the last obstacles […]
Source link

Chain Articles > Blog > Bitcoin > SEC Repeals SAB 121, Opening the Floodgates for Banks to Enter the Crypto Market
SEC Repeals SAB 121, Opening the Floodgates for Banks to Enter the Crypto Market
posted on
You Might Also Like
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
Jack DaviesJune 8, 2025
Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the...
Metaplanet Plans Historic $5.4B Equity Raise to Buy 210,000 BTC
Jack DaviesJune 8, 2025
Japanese investment firm Metaplanet has announced a massive $5.4 billion plan to increase its bitcoin holdings to 210,000 BTC by...
Bitcoin Price Watch: Range-Bound Action Hints at Imminent Move
Jack DaviesJune 8, 2025
The price of bitcoin hovered at $105,384 on June 8, 2025, with a market capitalization of $2.09 trillion and a...
Spain Introduces Law to Acquire Crypto Exchanges’ Data, Seize Digital Assets
Jack DaviesJune 8, 2025
The directive, which is expected to be approved and implemented by January 2026, will enable authorities in Spain to exchange...