Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»EXCHANGE NEWS»New SEC rules open the door for banks to offer crypto services.
EXCHANGE NEWS

New SEC rules open the door for banks to offer crypto services.

By Crypto FlexsJanuary 25, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
New SEC rules open the door for banks to offer crypto services.
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Securities and Exchange Commission (SEC) has revised the controversial Staff Accounting Bulletin 121 (SAB 121).

The previous guidance required companies to recognize customers’ crypto holdings as liabilities on their balance sheets, which drew strong criticism from the digital asset industry. However, the latest revision removes this requirement. Simply put, the amendments will make it easier for banks to offer cryptocurrency exposure to their customers.

Hello, bye sab 121! Wasn’t fun: https://t.co/ciwuc0isue | Employee Accounting Bulletin No. 122

– Hester Peirce (@hesterpeirce) January 23, 2025

Under the new framework, financial institutions will no longer be required to list customer crypto holdings as part of their assets and liabilities. However, the SEC still mandates that companies report the risks associated with these holdings in case adverse events occur.

SEC’s New Approach to Addressing Crypto Services

According to an official statement from the SEC, the staff reminds companies that they must continue to consider existing requirements to provide disclosures that allow investors to understand the entity’s obligations to protect crypto assets held for others. “

The SEC’s policy revisions are likely to spark optimism in the crypto markets. Makes it easier for banks to provide cryptocurrency-related services. This decision could trigger a surge in institutional adoption and spark a massive rally in the crypto market. Over the past few years, major financial institutions have expanded their crypto offerings in response to growing customer demand.

Adding to his recent bullish sentiment, US President Donald Trump recently signed an executive order directing federal agencies to create a national digital asset reserve.

Also read: Donald Trump

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano (ADA) -It is not damaged, but there is no fireworks that can be moved yet.

July 2, 2025

Etherrium price behavior is weakened-danger of short-term modifications

June 29, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025
Add A Comment

Comments are closed.

Recent Posts

Valhalla Goes Today: FLOKI has been developed for 3 years and debuts the play MMORPG.

July 4, 2025

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025

Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

July 3, 2025

XRP rebounds are interested in APT miners cloud mining.

July 3, 2025

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025

Best Crypto PR Agency Packages : What to Look For & Where to Start

July 3, 2025

Looking for an Affordable Crypto PR Agency? Here’s What to Know Before You Spend

July 3, 2025

Crypto PR Packages for Startups: What You Need & How to Choose the Right One

July 3, 2025

Cheap Crypto Press Release: How to Promote Your Project Without Overpaying

July 2, 2025

The Ultimate Guide to Crypto Public Relations Packages

July 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Valhalla Goes Today: FLOKI has been developed for 3 years and debuts the play MMORPG.

July 4, 2025

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025
Most Popular

🔴Bitcoin ​​ETF Countdown

January 8, 2024

Bonded and Flex Stake for Celestia (TIA) is live now.

April 15, 2024

Potential charges Haliey Welch could face if the SEC investigates the launch of HAWK

December 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.