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SEC, crypto and Wall Street
SEC paves way for Wall Street banks to hold crypto
The Securities and Exchange Commission reversed a controversial accounting rule Thursday, which had helped deter banks from participating in crypto services. Why it matters: The move to rescind the guidance,
SEC Scraps Accounting Rule for Companies Holding Crypto
The SEC announced this week the formation of a crypto task force led by Republican Commissioner Hester Peirce. In a post on social media platform X on Thursday, Peirce hailed the decision: “Bye bye, SAB 121! It’s not been fun!”
SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.
6d
The SEC launches a crypto task force on Trump's 2nd day in office
The SEC rolled out a new crypto task force on Tuesday, aimed at helping "draw clear regulatory lines" in the space, the ...
The National Law Review
6h
President Trump Issues Executive Order on Crypto as SEC Signals Enforcement Shift
President Trump issued an executive order entitled “Strengthening American Leadership in Digital Financial Technology,” ...
3d
on MSN
SEC Removes Roadblock for Banks to Hold Crypto. Why It Won’t Lead to Major Change.
The notice from SEC staff wasn’t legally binding, but companies tend to take such guidance as writ rather than suggestion.
JD Supra
8h
SEC Announces Formation of New Crypto Task Force
SEC Acting Chairman Mark T. Uyeda launched a crypto task force charged with “developing a comprehensive and clear ...
decrypt
3h
SoFi CEO Details 'Aggressive' Crypto Return Under President Trump
SoFi's approach will depend on regulatory clarity stemming from President Donald Trump’s administration, according to its CEO ...
Crypto Briefing
2h
NewsBriefs - Senate confirms Scott Bessent as Treasury Secretary, likely prioritizing taxes before crypto policy
Scott Bessent, recently confirmed as Treasury Secretary in President Donald Trump's administration, is poised to tackle ...
JD Supra
8h
New SEC Crypto Task Force Led by Commissioner Hester Peirce: Key Takeaways and Path Forward
On Tuesday, acting SEC Chair Mark Uyeda announced the creation of a Crypto Task Force to devise a “sensible regulatory path” for the $3 ...
6d
SEC Launches Crypto Task Force Led By ‘Crypto Mom’ Hester Peirce
The US Securities and Exchange Commission will launch a cryptocurrency-focused task force to come up with ways to regulate ...
6d
US SEC unveils task force to start work on crypto regulations
The U.S. Securities and Exchange Commission's new leadership said on Tuesday it had created a task force to develop a ...
5d
Fresh Off Launching a Memecoin, Trump Tells SEC to Create Crypto Regulations
The SEC’s statement regarding the commission doesn’t really provide much insight into what it will seek to do, other than ...
6d
on MSN
Trump's SEC launching 'crypto task force' to develop clear regulations for industry
The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency.
Crain's Chicago Business
15h
Crypto is losing its stigma under Trump — and Chicago firms are ready
The U.S. Securities and Exchange Commission is already changing its tune about fostering growth in crypto trading as local ...
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