The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...

The Securities and Exchange Commission is rolling ... Digital assets climbed on the news. Bitcoin rose about 4% Tuesday afternoon to trade around $106,400, pushing the top crypto up nearly 14% ...

Introduced in March 2022 under former SEC Chair Gary Gensler, SAB 121 required institutions holding bitcoin and crypto ... wrote in a post on X (formerly Twitter) on Thursday, following the ...